SEC Form 4 · accession 0001127602-15-018512
EXPEDITORS INTERNATIONAL OF WASHINGTON INC · EXPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin G. Clark
Officer — Senior VP - General Counsel
Period of report
May 21, 2015
Accepted (ET)
May 26, 2015 · 2:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000746515
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2,F1 | $47.27 | May 21, 2015 | A | 14,500 | A | May 21, 2018 | May 21, 2025 | Common Stock | 14,500 | 14,500 | D |
Explanation of responses
- F1The option vests in three installments: 50% on the third anniversary of the date of grant, 25% on the fourth anniversary and 25% on the fifth anniversary.
- F2Employee Stock Options were granted at no cost pursuant to Expeditors International of Washington, Inc.'s 2015 Stock Option Plan.