SEC Form 4 · accession 0001127602-17-010786
EXPEDITORS INTERNATIONAL OF WASHINGTON INC · EXPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey S Musser
Officer — President and CEO · Director
Period of report
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 1:52 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 | Mar 6, 2017 | M | 5,000 | $42.90 | A | 10,722 | D | |
| Common StockF2 | Mar 6, 2017 | S | 4,100 | $56.35 | D | 6,622 | D | |
| Common Stock | holding | — | — | — | 142,838 | 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) | $42.90 | Mar 6, 2017 | M | 5,000 | D | May 2, 2010 | May 2, 2017 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Beginning balance of Common Stock beneficially owned includes 531.0110 shares purchased on July 31, 2016 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 $56.34 to $56.38, 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.