SEC FORM 4

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^*

ALGER GLENN M

(Last)

(First)

(Middle)

1015 THIRD AVENUE, 12TH FLOOR

(Street)

SEATTLE

98104

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
EXPEDITORS INTERNATIONAL OF WASHINGTON INC [ EXPD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and COO

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2007

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾⁽²⁾	02/20/2007		M		116,748	A	$5.49	1,108,021.062	D
Common Stock	02/20/2007		M		47,528	A	$8.02	1,155,549.062	D
Common Stock	02/20/2007		M		149,448	A	$9.48	1,304,997.062	D
Common Stock	02/20/2007		M		151,956	A	$12.43	1,456,953.062	D
Common Stock	02/20/2007		M		90,000	A	$14.29	1,546,953.062	D
Common Stock	02/20/2007		M		25,000	A	$18.3	1,571,953.062	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options (Right to buy)	$5.49	02/20/2007		M			116,748	05/07/2001	05/07/2008	Common Stock	116,748	$0	0	D
Stock Options (Right to buy)	$8.02	02/20/2007		M			47,528	05/05/2002	05/05/2009	Common Stock	47,528	$0	0	D
Stock Options (Right to buy)	$9.48	02/20/2007		M			149,448	05/03/2003	05/03/2010	Common Stock	149,448	$0	0	D
Stock Options (Right to buy)	$12.43	02/20/2007		M			151,956	05/09/2004	05/09/2011	Common Stock	151,956	$0	0	D
Stock Options (Right to buy)	$14.29	02/20/2007		M			90,000	05/08/2005	05/08/2012	Common Stock	90,000	$0	30,000	D
Stock Options (Right to buy)	$18.3	02/20/2007		M			25,000	05/07/2006	05/07/2013	Common Stock	25,000	$0	25,000	D

Explanation of Responses:

1. Beginning balance of Common Stock beneficially owned includes 13.2534 shares acquired on December 15, 2006 pursuant to the reinvestment of a dividend under Expeditors 2002 Employee Stock Purchase Plan.

2. Form 1 of 2 related to stock option exercise on February 20, 2007 resulting in final balance of shares of Common Stock owned equal to 991,273.062

	Glenn M Alger	02/21/2007
	** 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).
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