Jeffrey S. Musser - 05 May 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
Issuer symbol: EXPD
Transactions as of: 05 May 2023
Net transactions value: -$246,552
Form type: 4
Filing time: 09 May 2023, 17:24:00 UTC
Previous filing: 08 May 2023
Next filing: 05 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	Options Exercise	$0	+5,502	+3.8%	$0.000000	148,542	05 May 2023	Direct
transaction	EXPD	Common Stock	Options Exercise	$0	+194	+0.13%	$0.000000	148,736	05 May 2023	Direct
transaction	EXPD	Common Stock	Tax liability	$246,552	-2,108	-1.4%	$116.96	146,628	05 May 2023	Direct
holding	EXPD	Common Stock						112,513	05 May 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	+1	+0.01%	$0.000000	5,502	05 May 2023	Common Stock	1		Direct	F1
transaction	EXPD	Restricted Stock Units ("RSUs")	Options Exercise	$0	-5,502	-100%	$0.000000^*	0	05 May 2023	Common Stock	5,502		Direct	F1
transaction	EXPD	Dividend Equivalent Rights - 2020 RSUs	Options Exercise	$0	-194	-100%	$0.000000^*	0	05 May 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.