Rajesh Subramaniam - Apr 5, 2024 Form 4 Insider Report for FEDEX CORP (FDX)

Signature
/s/ Rajesh Subramaniam
Stock symbol
FDX
Transactions as of
Apr 5, 2024
Transactions value $
-$1,103,136
Form type
4
Date filed
4/5/2024, 04:20 PM
Previous filing
Oct 11, 2023
Next filing
Jun 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDX Common Stock Options Exercise $1.93M +13.4K +27.24% $143.55 62.7K Apr 5, 2024 Direct
transaction FDX Common Stock Options Exercise $2.02M +11.2K +17.79% $180.82 73.9K Apr 5, 2024 Direct
transaction FDX Common Stock Sale -$5.05M -18.4K -24.89% $274.55 55.5K Apr 5, 2024 Direct F1
holding FDX Common Stock 43K Apr 5, 2024 By Family 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 FDX Non-qualified Stock Option (Right to Buy) Options Exercise $0 -13.4K -100% $0.00* 0 Apr 5, 2024 Common Stock 13.4K $143.55 Direct F2
transaction FDX Non-qualified Stock Option (Right to Buy) Options Exercise $0 -11.2K -100% $0.00* 0 Apr 5, 2024 Common Stock 11.2K $180.82 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.50 to $274.74, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F2 These options vest ratably over four years from the date of grant and are first exercisable one year from date of grant.