Jeffrey S. Musser - May 4, 2023 Form 4 Insider Report for EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD)

Role
President and CEO, Director
Signature
Diane Heffner, Stock Plan Administrator, attorney-in-fact
Stock symbol
EXPD
Transactions as of
May 4, 2023
Transactions value $
-$189,069
Form type
4
Date filed
5/8/2023, 02:36 PM
Previous filing
May 5, 2023
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPD Common Stock Options Exercise $0 +4.24K +3.02% $0.00 145K May 4, 2023 Direct
transaction EXPD Common Stock Options Exercise $0 +94 +0.07% $0.00 145K May 4, 2023 Direct
transaction EXPD Common Stock Tax liability -$189K -1.61K -1.11% $117.80 143K May 4, 2023 Direct
holding EXPD Common Stock 113K May 4, 2023 By Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXPD Restricted Stock Units ("RSUs") Options Exercise $0 -4.24K -50% $0.00 4.24K May 4, 2023 Common Stock 4.24K Direct F1
transaction EXPD Dividend Equivalent Rights - 2021 RSUs Options Exercise $0 -94 -49.98% $0.00 94.1 May 4, 2023 Common Stock 94 $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU and DER represent a contingent right to receive the economic equivalent of one common shares of the issuer. The RSUs and DERs vested on May 4, 2023.