Timothy C. Gokey - 30 Jun 2021 Form 4 Insider Report for C. H. ROBINSON WORLDWIDE, INC. (CHRW)

Role
Director
Signature
/s/ Jessica Homes, Attorney-in-Fact for Timothy C. Gokey
Issuer symbol
CHRW
Transactions as of
30 Jun 2021
Net transactions value
$0
Form type
4
Filing time
02 Jul 2021, 12:34:21 UTC
Next filing
13 Aug 2021
SEC
View on sec.gov

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 CHRW Phantom Stock (Restricted Stock Units) Award +746 +7.2% 11,062 30 Jun 2021 Common Stock 746 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom share/restricted stock unit will be paid in one share of common stock.
F2 Of the 732 restricted stock units, 400 were granted at no cost to the reporting person as a quarterly installment of the annual equity-based award provided to each non-employee director, and 346 were granted at a price of $93.67 per unit in connection with the reporting person's election to defer receipt of his most recent quarterly cash retainer payment.
F3 The restricted stock units are immediately vested, and following the reporting person's termination of service as a director, become payable in shares of common stock according to the schedule previously chosen by the reporting person.