Benjamin G. Clark - May 5, 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
Stock symbol
EXPD
Transactions as of
May 5, 2023
Transactions value $
-$580,653
Form type
4
Date filed
5/9/2023, 04:18 PM
Previous filing
May 8, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPD Common Stock Gift -$382K -3.24K -15.53% $117.67 17.6K May 5, 2023 Direct
transaction EXPD Common Stock Sale -$152K -1.29K -7.31% $117.85 16.4K May 5, 2023 Direct F1
transaction EXPD Common Stock Options Exercise $0 +986 +6.03% $0.00 17.3K May 5, 2023 Direct
transaction EXPD Common Stock Options Exercise $0 +34.9 +0.2% $0.00 17.4K May 5, 2023 Direct
transaction EXPD Common Stock Tax liability -$47K -402 -2.31% $116.96 17K May 5, 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 +0.116 +0.01% $0.00 986 May 5, 2023 Common Stock 0.116 Direct F2
transaction EXPD Restricted Stock Units ("RSUs") Options Exercise $0 -986 -100% $0.00* 0 May 5, 2023 Common Stock 986 Direct F2
transaction EXPD Dividend Equivalent Rights - 2020 RSUs Options Exercise $0 -34.9 -100.01% $0.00* 0 May 5, 2023 Common Stock 34.9 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.