Jeffrey S. Musser - 08 Mar 2023 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: 08 Mar 2023
Net transactions value: -$744,393
Form type: 4
Filing time: 09 Mar 2023, 16:37:12 UTC
Previous filing: 06 Mar 2023
Next filing: 04 May 2023
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	$353,200	+10,000	+7.3%	$35.32	147,309	08 Mar 2023	Direct
transaction	EXPD	Common Stock	Sale	$1,097,593	-10,000	-6.8%	$109.76	137,309	08 Mar 2023	Direct	F1
holding	EXPD	Common Stock						112,513	08 Mar 2023	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	Stock Options (Right to Buy)	Options Exercise	$0	-10,000	-100%	$0.000000^*	0	08 Mar 2023	Common Stock	10,000	$35.32	Direct

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

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.71 to $109.90, 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.