Benjamin G. Clark - 05 May 2023 Form 4 Insider Report for EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD)

Role
SVP - Chief Strategy Officer
Signature
Diane Heffner, Stock Plan Administrator, attorney-in-fact
Issuer symbol
EXPD
Transactions as of
05 May 2023
Net transactions value
-$580,653
Form type
4
Filing time
09 May 2023, 16:18:38 UTC
Previous filing
08 May 2023
Next filing
20 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPD Common Stock Gift $381,604 -3,243 -16% $117.67 17,641 05 May 2023 Direct
transaction EXPD Common Stock Sale $152,032 -1,290 -7.3% $117.85 16,351 05 May 2023 Direct F1
transaction EXPD Common Stock Options Exercise $0 +986 +6% $0.000000 17,337 05 May 2023 Direct
transaction EXPD Common Stock Options Exercise $0 +35 +0.2% $0.000000 17,372 05 May 2023 Direct
transaction EXPD Common Stock Tax liability $47,018 -402 -2.3% $116.96 16,970 05 May 2023 Direct

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") Award $0 +0 +0.01% $0.000000 986 05 May 2023 Common Stock 0 Direct F2
transaction EXPD Restricted Stock Units ("RSUs") Options Exercise $0 -986 -100% $0.000000* 0 05 May 2023 Common Stock 986 Direct F2
transaction EXPD Dividend Equivalent Rights - 2020 RSUs Options Exercise $0 -35 -100% $0.000000* 0 05 May 2023 Common Stock 35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.846 to $117.86, inclusive. The reporting person undertakes to provide to any security holder of Expeditors or to the SEC, upon request, full information regarding the number of shares sold at each separate price within the range stated.
F2 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 5, 2023.