SEC Form 4 · accession 0001209191-16-144455
C. H. ROBINSON WORLDWIDE, INC. · CHRW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Short
Director
Period of report
Sep 30, 2016
Accepted (ET)
Oct 4, 2016 · 5:14 pm EDT
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 Stock | holding | — | — | — | 21,672 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock (Restricted Stock Units)F2,F1,F3 | — | Sep 30, 2016 | A | 780 | A | — | — | Common Stock | 780 | 29,013 | D |
Explanation of responses
- F1Each phantom share/restricted stock unit will be paid in one share of common stock.
- F2Of the 780 restricted stock units, 443 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 337 were granted at a price of $70.46 per unit in connection with the reporting person's election to defer receipt of the most recent quarterly cash retainer payment.
- F3Following the reporting person's termination of service as a director, vested restricted stock units become payable in shares of common stock according to the schedule previously chosen by the reporting person.