SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MOULTON PAUL G

(Last) (First) (Middle)
999 LAKE DRIVE

(Street)
ISSAQUAH WA 98027

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COSTCO WHOLESALE CORP /NEW [ COST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive VP
3. Date of Earliest Transaction (Month/Day/Year)
01/14/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/14/2008 M 45,000 A $37.35 80,415 D
Common Stock 01/14/2008 M 30,000 A $43.79 110,415 D
Common Stock 01/14/2008 S 75,000 D (1) 35,415 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $43.79 01/14/2008 M 30,000 04/01/2005 04/01/2015 Common Stock 30,000 $43.79 45,000 D
Stock Option $37.35 01/14/2008 M 45,000 04/01/2004 04/01/2014 Common Stock 45,000 $37.35 30,000 D
Explanation of Responses:
1. Sold as follows: 300 @ 64.7200 2834 @ 64.7300 300 @ 64.7400 3700 @ 64.7600 5100 @ 64.7700 1143 @ 64.7800 1500 @ 64.8200 700 @ 64.8250 1000 @ 64.9000 3700 @ 64.9100 2905 @ 64.9200 3900 @ 64.9300 200 @ 64.9350 675 @ 64.9400 200 @ 64.9430 16 @ 64.9450 1320 @ 64.9500 1178 @ 64.9600 2722 @ 64.9700 1800 @ 64.9800 900 @ 64.9900 7500 @ 65.0000 400 @ 65.0050 500 @ 65.0070 2300 @ 65.0100 100 @ 65.0170 100 @ 65.0192 2300 @ 65.0200 500 @ 65.0300 1600 @ 65.0400 100 @ 65.0470 2000 @ 65.0500 100 @ 65.0550 300 @ 65.0600 100 @ 65.0700 400 @ 65.1000 1100 @ 65.1100 100 @ 65.1400 500 @ 65.1500 8200 @ 65.1600 300 @ 65.1650 1300 @ 65.1700 300 @ 65.1800 2300 @ 65.1900 2057 @ 65.2000 3850 @ 65.2100 300 @ 65.2700 300 @ 65.2775
Remarks:
Deanna K. Nakashima, attorney-in-fact 01/14/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.