SEC Form 4 · accession 0001209191-17-060031
C. H. ROBINSON WORLDWIDE, INC. · CHRW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael John Short
Officer — President, Robinson Fresh
Period of report
Feb 2, 2017
Accepted (ET)
Nov 9, 2017 · 5:15 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 | Nov 7, 2017 | M | 726 | $58.25 | A | 14,933 | D | |
| Common StockF1 | Nov 7, 2017 | M | 4,430 | $58.25 | A | 19,363 | D | |
| Common StockF1 | Nov 7, 2017 | M | 6,030 | $63.58 | A | 25,393 | D | |
| Common StockF2,F1 | Nov 7, 2017 | S | 11,186 | $80.569 | D | 14,207 | D | |
| Common Stock | holding | — | — | — | 64 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $58.25 | Feb 2, 2017 | A | 998 | A | Feb 2, 2017 | Dec 4, 2023 | Common Stock | 998 | 5,156 | D |
| Stock Option (right to buy)F3 | $58.25 | Nov 7, 2017 | M | 5,156 | D | — | Dec 4, 2023 | Common Stock | 5,156 | 0 | D |
| Stock Option (right to buy)F4 | $63.58 | Nov 7, 2017 | M | 6,030 | D | — | Dec 5, 2025 | Common Stock | 6,030 | 24,120 | D |
Explanation of responses
- F1Includes 14,207 shares of Issuer common stock issuable in settlement of an equal number of outstanding restricted stock units.
- F2Reflects the weighted average price of 11,186 shares of common stock of C.H. Robinson Worldwide, Inc. sold by the reporting person in multiple transactions on November 7, 2017 with sale prices ranging from $80.54to $80.71 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.
- F3Performance-based stock option granted 12/4/13 that vests, becomes exercisable and reportable as and to the extent applicable performance conditions are satisfied.
- F4Time-based stock option granted December 2, 2015 that vests as to 20% of the subject shares beginning on each December 31 and in each of the years 2016-2020.