Michael John Short - 24 Nov 2021 Form 4 Insider Report for C. H. ROBINSON WORLDWIDE, INC. (CHRW)

Signature
/s/ Jessica Homes, Attorney-in-Fact for Michael John Short
Issuer symbol
CHRW
Transactions as of
24 Nov 2021
Net transactions value
-$185,377
Form type
4
Filing time
29 Nov 2021, 15:14:51 UTC
Previous filing
16 Aug 2021
Next filing
04 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRW Common Stock Options Exercise $1,474,055 +16,914 +85% $87.15 36,834 24 Nov 2021 Direct
transaction CHRW Common Stock Sale $1,659,433 -16,914 -46% $98.11 19,920 24 Nov 2021 Direct F1, F2

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 CHRW Stock Option (right to buy) Options Exercise $0 -16,914 -60% $0.000000 11,276 24 Nov 2021 Common Stock 16,914 $87.15 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 16,914 shares of common stock of C.H. Robinson Worldwide, Inc. sold by the reporting person in multiple transactions on November 24, 2021 with sale prices ranging from $98.045 to $98.23 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Included in this amount are 19,920 shares of Issuer common stock issuable in settlement of an equal number of deferred shares credited to the reporting person's NQDC Plan account.
F3 Stock option granted December 6, 2017 vests as to 20% of the shares subject to the option on December 31 in each of the years 2018-2022.