SEC Form 4 · accession 0001127602-15-024217
EXPEDITORS INTERNATIONAL OF WASHINGTON INC · EXPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel R Wall
Officer — President, Global Products
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 12:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000746515
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 60,123 | D |
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 | $47.08 | Aug 3, 2015 | A | 36,000 | A | Aug 3, 2018 | Aug 3, 2025 | Common Stock | 36,000 | 36,000 | D |
Explanation of responses
- F1The option vests in three installments: 50% on the third anniversary of the date of grant, 75% on the fourth anniversary and 100% on the fifth anniversary.
- F2Employee Stock Options were granted at no cost pursuant to Expeditors International of Washington, Inc.'s 2015 Stock Option Plan.