SEC Form 4 · accession 0001127602-16-044137
EXPEDITORS INTERNATIONAL OF WASHINGTON INC · EXPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eugene K Alger
Officer — Executive VP Global Services
Period of report
Feb 29, 2016
Accepted (ET)
Mar 1, 2016 · 4:19 pm EST
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 StockF1 | Feb 29, 2016 | M | 10,000 | $43.88 | A | 22,033 | D | |
| Common StockF2 | Feb 29, 2016 | S | 10,000 | $46.08 | D | 12,033 | D | |
| Common Stock | holding | — | — | — | 25,510 | I | by Trust |
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) | $43.88 | Feb 29, 2016 | M | 10,000 | D | May 3, 2009 | May 3, 2016 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Beginning balance of Common Stock beneficially owned includes 574.9770 shares purchased on July 31, 2015 under Expeditors International of Washington, Inc.'s 2002 Employee Stock Purchase Plan and 24.5895 shares acquired on June 16, 2015 pursuant to the reinvestment of a dividend under Expeditors International of Washington, Inc.'s 2002 Employee Stock Purchase Plan.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.06 to $46.15, inclusive. The reporting person undertakes to provide to any security holder of Expeditors or to the SEC, upon request, full information regarding the number of shares sold at each separate price within the range stated.