Jeffrey S. Musser - 04 May 2022 Form 4 Insider Report for EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD)

Role: President and CEO, Director
Signature: Diane Heffner, Stock Plan Administrator, attorney-in-fact
Issuer symbol: EXPD
Transactions as of: 04 May 2022
Net transactions value: -$162,598
Form type: 4
Filing time: 06 May 2022, 16:46:13 UTC
Previous filing: 05 May 2022
Next filing: 09 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXPD	Common Stock	Options Exercise	$0	+4,242	+4%	$0.000000	110,806	04 May 2022	Direct
transaction	EXPD	Common Stock	Options Exercise	$0	+37	+0.03%	$0.000000	110,843	04 May 2022	Direct
transaction	EXPD	Common Stock	Tax liability	$162,598	-1,584	-1.4%	$102.65	109,259	04 May 2022	Direct
holding	EXPD	Common Stock						112,513	04 May 2022	By Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EXPD	Restricted Stock Units ("RSUs")	Options Exercise	$0	-4,242	-33%	$0.000000	8,484	04 May 2022	Common Stock	4,242		Direct	F1
transaction	EXPD	Dividend Equivalent Rights - 2021 RSUs	Options Exercise	$0	-37	-33%	$0.000000	77	04 May 2022	Common Stock	37	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each RSU and DER represent a contingent right to receive the economic equivalent of one common shares of the issuer. The RSUs and DERs vested on May 4, 2022.