Jeffrey S. Musser - 05 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: 05 May 2022
Net transactions value: -$230,485
Form type: 4
Filing time: 09 May 2022, 12:17:00 UTC
Previous filing: 06 May 2022
Next filing: 10 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	+5,501	+5%	$0.000000	114,760	05 May 2022	Direct
transaction	EXPD	Common Stock	Options Exercise	$0	+120	+0.1%	$0.000000	114,880	05 May 2022	Direct
transaction	EXPD	Common Stock	Tax liability	$230,485	-2,080	-1.8%	$110.81	112,800	05 May 2022	Direct
holding	EXPD	Common Stock						112,513	05 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	-5,501	-50%	$0.000000	5,501	05 May 2022	Common Stock	5,501		Direct	F1
transaction	EXPD	Dividend Equivalent Rights - 2020 RSUs	Options Exercise	$0	-120	-50%	$0.000000	121	05 May 2022	Common Stock	120		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 5, 2022.