SEC Form 4 · accession 0001127602-18-011069
EXPEDITORS INTERNATIONAL OF WASHINGTON INC · EXPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip M Coughlin
Officer — Chief Strategy Officer
Period of report
Mar 9, 2018
Accepted (ET)
Mar 12, 2018 · 11:39 am 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 | Mar 9, 2018 | M | 7,000 | $46.94 | A | 21,616 | D | |
| Common StockF1 | Mar 9, 2018 | S | 5,463 | $64.23 | D | 16,153 | D | |
| Common StockF2 | holding | — | — | — | 59,641 | 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) | $46.94 | Mar 9, 2018 | M | 7,000 | D | May 7, 2011 | May 7, 2018 | Common Stock | 7,000 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.22 to $64.25, 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.
- F2The common shares held by the Philip M. Coughlin 2002 Trust (the "Trust") have previously been reported as direct holdings of the reporting insider but were transferred to the Trust when the Trust was established in 2002.