SEC Form 4 · accession 0001127602-16-051246
EXPEDITORS INTERNATIONAL OF WASHINGTON INC · EXPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley S Powell
Officer — Senior VP - CFO
Period of report
May 3, 2016
Accepted (ET)
May 5, 2016 · 3:41 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 StockF1 | holding | — | — | — | 4,618 | 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)F3,F2 | $47.39 | May 3, 2016 | A | 51,000 | A | May 3, 2017 | May 3, 2026 | Common Stock | 51,000 | 51,000 | 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 30.3039 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 option vests in three installments: 33% on the first anniversary of the date of grant, 33% on the second anniversary and 34% on the third anniversary.
- F3Employee Stock Options were granted at no cost pursuant to Expeditors International of Washington, Inc.'s 2016 Stock Option Plan.