Timothy C. Gokey - Mar 31, 2023 Form 4 Insider Report for C. H. ROBINSON WORLDWIDE, INC. (CHRW)

Role
Director
Signature
/s/ Jessica Homes, Attorney-in-Fact for Timothy C. Gokey
Stock symbol
CHRW
Transactions as of
Mar 31, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 05:17 PM
Previous filing
Feb 17, 2023
Next filing
Apr 4, 2023

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 Phantom Stock (Restricted Stock Units) Award +767 +4.92% 16.4K Mar 31, 2023 Common Stock 767 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom share/restricted stock unit will be paid in one share of common stock.
F2 Of the 767 restricted stock units, 440 were granted at no cost to the reporting person as a quarterly installment of the annual equity-based award provided to each non-employee director, and 327 were granted at a price of $99.37 per unit in connection with the reporting person's election to defer receipt of his most recent quarterly cash retainer payment.
F3 The restricted stock units are immediately vested, and following the reporting person's termination of service as a director, become payable in shares of common stock according to the schedule previously chosen by the reporting person.