Michael J. Short - May 4, 2023 Form 4 Insider Report for C. H. ROBINSON WORLDWIDE, INC. (CHRW)

Role
President, Global Forwarding
Signature
/s/ Jessica Homes, Attorney-in-Fact for Michael J. Short
Stock symbol
CHRW
Transactions as of
May 4, 2023
Transactions value $
-$375,432
Form type
4
Date filed
5/8/2023, 04:41 PM
Previous filing
Feb 27, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRW Common Stock Options Exercise $491K +5.64K +7.43% $87.15 81.6K May 4, 2023 Direct
transaction CHRW Common Stock Options Exercise $359K +4.04K +4.96% $88.87 85.6K May 4, 2023 Direct
transaction CHRW Common Stock Options Exercise $463K +6.36K +7.43% $72.74 92K May 4, 2023 Direct
transaction CHRW Common Stock Sale -$1.69M -16.2K -17.54% $104.56 75.9K May 4, 2023 Direct F1, F2, F3

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 Stock Option (right to buy) Options Exercise $0 -5.64K -100% $0.00* 0 May 4, 2023 Common Stock 5.64K $87.15 Direct F4
transaction CHRW Stock Option (right to buy) Options Exercise $0 -4.04K -50% $0.00 4.04K May 4, 2023 Common Stock 4.04K $88.87 Direct F5
transaction CHRW Stock Option (right to buy) Options Exercise $0 -6.36K -33.33% $0.00 12.7K May 4, 2023 Common Stock 6.36K $72.74 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 16,155 shares of common stock of C.H. Robinson Worldwide, Inc. sold by the reporting person in multiple transactions on May 4, 2023 with sale prices ranging from $104.40 to $104.82 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Included in this amount are 75,818 shares of Issuer common stock issuable in settlement of an equal number of deferred shares and restricted stock units credited to the reporting person's NQDC Plan account.
F3 Includes 119 shares acquired pursuant to the Issuer's employee stock purchase plan.
F4 Fully vested.
F5 Stock option granted December 5, 2018 vests as to 20% of the shares subject to the option on December 31 in each of the years 2019-2023.
F6 Stock option granted February 5, 2020 vests as to 20% of the shares subject to the option on December 31 in each of the years 2020-2024.