Robert C. Biesterfeld Jr - Jun 14, 2022 Form 4 Insider Report for C. H. ROBINSON WORLDWIDE, INC. (CHRW)

Role
President and CEO, Director
Signature
/s/ Jessica Homes, Attorney-in-Fact for Robert C. Biesterfeld
Stock symbol
CHRW
Transactions as of
Jun 14, 2022
Transactions value $
-$1,100,843
Form type
4
Date filed
6/16/2022, 04:43 PM
Previous filing
Jun 2, 2022
Next filing
Sep 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRW Common Stock Options Exercise $678K +11.6K +6.41% $58.25 193K Jun 14, 2022 Direct F1
transaction CHRW Common Stock Options Exercise $639K +10.1K +5.2% $63.58 203K Jun 14, 2022 Direct F1
transaction CHRW Common Stock Sale -$2.42M -21.7K -10.67% $111.46 182K Jun 14, 2022 Direct F1, F2, F3, F4

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 -11.6K -100% $0.00* 0 Jun 14, 2022 Common Stock 11.6K $58.25 Direct F1, F5
transaction CHRW Stock Option (right to buy) Options Exercise $0 -10.1K -33.33% $0.00 20.1K Jun 14, 2022 Common Stock 10.1K $63.58 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock option exercise and sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 26, 2022.
F2 Reflects the weighted average price of 21,694 shares of common stock of C.H. Robinson Worldwide, Inc. sold by the reporting person in multiple transactions on June 14, 2022 with sale prices ranging from $111.00 to $112.00 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.
F3 Includes 232 shares acquired pursuant to the Issuer's employee stock purchase plan.
F4 Included in this amount are 177,854 shares of Issuer common stock issuable in settlement of an equal number of vested deferred shares and restricted stock units credited to the reporting person's NQDC Plan account, and 3,524 shares held directly by the reporting person.
F5 Fully vested.