SEC Form 4 · accession 0001209191-16-095876
C. H. ROBINSON WORLDWIDE, INC. · CHRW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Obrien
Officer — Senior Vice President
Period of report
Dec 2, 2015
Accepted (ET)
Feb 4, 2016 · 8:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001043277
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 2, 2016 | A | 4,599 | $0.00 | A | 66,137 | D | |
| Common StockF2 | Feb 3, 2016 | A | 7,402 | $64.77 | D | 57,426 | D | |
| Common Stock | holding | — | — | — | 1,309 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F3 | $63.58 | Dec 2, 2015 | A | 30,150 | A | — | Dec 2, 2025 | Common Stock | 30,150 | 30,150 | D |
| Option (right to buy)F4 | $68.81 | Feb 2, 2016 | A | 3,170 | A | Feb 2, 2016 | Dec 7, 2021 | Common Stock | 3,170 | 9,668 | D |
| Option (right to buy)F5 | $61.91 | Feb 2, 2016 | A | 4,762 | A | Feb 2, 2016 | Dec 5, 2022 | Common Stock | 4,762 | 8,810 | D |
| Option (right to buy)F6 | $58.25 | Feb 2, 2016 | A | 6,870 | A | Feb 2, 2016 | Dec 4, 2023 | Common Stock | 6,870 | 13,740 | D |
| Option (right to buy)F7 | $74.57 | Feb 2, 2016 | A | 6,410 | A | Feb 2, 2016 | Dec 3, 2024 | Common Stock | 6,410 | 6,410 | D |
Explanation of responses
- F1Represents performance-based restricted stock units vested on February 2, 2016 upon certification by the Issuer's compensation committee. Such vested units have been credited to the reporting person's account in the Issuer's NQDC Plan and will be settled in an equal number of shares at specified future dates.
- F2Included in this amount are 46,017 shares of Issuer common stock issuable in settlement of an equal number of deferred shares and vested performance restricted stock units credited to the reporting person's NQDC Plan account, and 11,409 shares held directly by the reporting person.
- F3Time-based stock option granted December 2, 2015 vests as to 20% of the shares subject to the option on December 31 in each of the years 2016-2020.
- F4Performance-based stock option granted 12/7/11 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied.
- F5Performance-based stock option granted 12/5/12 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied.
- F6Performance-based stock option granted 12/4/13 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied.
- F7Performance-based stock option granted 12/3/14 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied.