Jeffrey S. Musser - Dec 15, 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
Dec 15, 2023
Transactions value $
$18,494
Form type
4
Date filed
12/19/2023, 02:27 PM
Previous filing
Jun 20, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EXPD Common Stock 117K Dec 15, 2023 Direct F1
holding EXPD Common Stock 113K Dec 15, 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 Dividend Equivalent Rights - 2021 RSUs Award $3.01K +24.2 +20.29% $124.45 143 Dec 15, 2023 Common Stock 24.2 $0.00 Direct F2
transaction EXPD Dividend Equivalent Rights - 2022 RSUs Award $6.61K +53.1 +29.9% $124.45 231 Dec 15, 2023 Common Stock 53.1 Direct F3
transaction EXPD Dividend Equivalent Rights - 2023 RSUs Award $8.87K +71.3 +96.39% $124.45 145 Dec 15, 2023 Common Stock 71.3 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance of Common Stock beneficially owned includes 234.7859 shares purchased on July 31, 2023 under Expeditors International of Washington, Inc.'s 2002 Employee Stock Purchase Plan.
F2 Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of the Issuer. The dividend equivalent rights accrued in respect of the 2021 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.
F3 Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of the Issuer. The dividend equivalent rights accrued in respect of the 2022 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.
F4 Each dividend equivalent right represents a contingent right to receive the economic equivalent of one common share of the Issuer. The dividend equivalent rights accrued in respect of the 2023 grant of restricted stock units and vest proportionately with the restricted stock units to which they relate.