Jeffrey S. Musser - May 5, 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 5, 2023
Transactions value $
-$246,552
Form type
4
Date filed
5/9/2023, 05:24 PM
Previous filing
May 8, 2023
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPD Common Stock Options Exercise $0 +5.5K +3.85% $0.00 149K May 5, 2023 Direct
transaction EXPD Common Stock Options Exercise $0 +194 +0.13% $0.00 149K May 5, 2023 Direct
transaction EXPD Common Stock Tax liability -$247K -2.11K -1.42% $116.96 147K May 5, 2023 Direct
holding EXPD Common Stock 113K May 5, 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") Award $0 +0.721 +0.01% $0.00 5.5K May 5, 2023 Common Stock 0.721 Direct F1
transaction EXPD Restricted Stock Units ("RSUs") Options Exercise $0 -5.5K -100% $0.00* 0 May 5, 2023 Common Stock 5.5K Direct F1
transaction EXPD Dividend Equivalent Rights - 2020 RSUs Options Exercise $0 -194 -100% $0.00* 0 May 5, 2023 Common Stock 194 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 5, 2023.