SEC Form 4 · accession 0001209191-16-095878
C. H. ROBINSON WORLDWIDE, INC. · CHRW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Wiehoff
Officer — CEO · Director
Period of report
Dec 2, 2015
Accepted (ET)
Feb 4, 2016 · 8:47 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 | 30,853 | $63.58 | A | 835,112 | D | |
| Common StockF2 | Feb 3, 2016 | F | 29,846 | $64.77 | D | 805,266 | D | |
| Common Stock | holding | — | — | — | 56,000 | I | By Spouse | |
| Common StockF3 | holding | — | — | — | 0 | I | By Child |
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)F4 | $63.58 | Dec 2, 2015 | A | 150,720 | A | — | Dec 2, 2025 | Common Stock | 150,720 | 150,720 | D |
| Option (right to buy)F5 | $68.81 | Feb 2, 2016 | A | 12,676 | A | Feb 2, 2016 | Dec 7, 2021 | Common Stock | 12,676 | 38,661 | D |
| Option (right to buy)F6 | $61.91 | Feb 2, 2016 | A | 21,980 | A | Feb 2, 2016 | Dec 5, 2022 | Common Stock | 21,980 | 40,663 | D |
| Option (right to buy)F7 | $58.25 | Feb 2, 2016 | A | 31,700 | A | Feb 2, 2016 | Dec 4, 2023 | Common Stock | 31,700 | 63,400 | D |
| Option (right to buy)F8 | $74.57 | Feb 2, 2016 | A | 29,905 | A | Feb 2, 2016 | Dec 3, 2024 | Common Stock | 29,905 | 29,905 | D |
Explanation of responses
- F1Represents performance-based restricted stock units that 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 643,191 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 162,075 shares held directly by the reporting person.
- F3The reporting person no longer has a reportable beneficial interest in 908 shares of Issuer owned by his child and included in the reporting person's prior ownership reports.
- F4Time-based stock option granted December 2, 2015 vests as to 20% of the shares subject to the option on December 31, in each year from 2016-2020.
- F5Performance-based stock option granted 12/7/11 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied.
- F6Performance-based stock option granted 12/5/12 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied.
- F7Performance-based stock option granted 12/4/13 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied.
- F8Performance-based stock option granted 12/3/14 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied.