SEC Form 5
FORM 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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).
  
Form 3 Holdings Reported.
X
Form 4 Transactions Reported.
1. Name and Address of Reporting Person*
IDIART ROGER A

(Last) (First) (Middle)
1015 THIRD AVENUE, 12TH FLOOR

(Street)
SEATTLE WA 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)
Senior VP-Air Cargo
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2006
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 at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Amount (A) or (D) Price
Common Stock 34,579.578 D
Common Stock(1) 12/04/2006 M4 4,000 A $3.14 15,909.4285 I By Spouse
Common Stock 12/04/2006 M4 2,400 A $5.49 18,309.4285 I By Spouse
Common Stock 12/04/2006 M4 2,800 A $8.02 21,109.4285 I By Spouse
Common Stock 12/04/2006 M4 2,000 A $12.43 23,109.4285 I By Spouse
Common Stock 12/04/2006 M4 2,250 A $14.29 25,359.4285 I By Spouse
Common Stock 12/04/2006 M4 1,000 A $18.3 26,359.4285 I By Spouse
Common Stock 12/04/2006 S4 200 D $45.71 26,159.4285 I By Spouse
Common Stock 12/04/2006 S4 100 D $45.72 26,059.4285 I By Spouse
Common Stock 12/04/2006 S4 600 D $45.73 25,459.4285 I By Spouse
Common Stock 12/04/2006 S4 100 D $45.74 25,359.4285 I By Spouse
Common Stock 12/04/2006 S4 200 D $45.76 25,159.4285 I By Spouse
Common Stock 12/04/2006 S4 400 D $45.77 24,759.4285 I By Spouse
Common Stock 12/04/2006 S4 300 D $45.77 24,459.4285 I By Spouse
Common Stock 12/04/2006 S4 1,100 D $45.78 23,359.4285 I By Spouse
Common Stock 12/04/2006 S4 100 D $45.8 23,259.4285 I By Spouse
Common Stock 12/04/2006 S4 200 D $45.81 23,059.4285 I By Spouse
Common Stock(2) 12/04/2006 S4 700 D $45.81 22,363.6239 I By Spouse
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)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to buy) $3.14 05/07/2000 05/07/2007 Common Stock 6,000 6,000 D
Stock Options (Right to buy) $8.02 05/05/2002 05/05/2009 Common Stock 10,116 10,116 D
Stock Options (Right to buy) $12.43 05/09/2004 05/09/2011 Common Stock 30,000 30,000 D
Stock Options (Right to buy) $14.29 05/08/2005 05/08/2012 Common Stock 60,000 60,000 D
Stock Options (Right to buy) $18.3 05/07/2006 05/07/2013 Common Stock 20,000 20,000 D
Stock Options (Right to buy) $43.88 05/03/2009 05/03/2016 Common Stock 20,000 20,000 D
Stock Options (Right to buy) $43.88 05/03/2006 4A 500 05/03/2009 05/03/2016 Common Stock 500 $0(3) 500 I By Spouse
Stock Options (Right to buy) $3.14 12/04/2006 4M 4,000 05/07/2000 05/07/2007 Common Stock 4,000 $0 0 I By Spouse
Stock Options (Right to buy) $5.49 12/04/2006 4M 2,400 05/07/2001 05/07/2008 Common Stock 2,400 $0 0 I By Spouse
Stock Options (Right to buy) $8.02 12/04/2006 4M 2,800 05/05/2002 05/05/2009 Common Stock 2,800 $0 0 I By Spouse
Stock Options (Right to buy) $12.43 12/04/2006 4M 2,000 05/09/2004 05/09/2011 Common Stock 2,000 $0 0 I By Spouse
Stock Options (Right to buy) $14.29 12/04/2006 4M 2,250 05/08/2005 05/08/2012 Common Stock 2,250 $0 750 I By Spouse
Stock Options (Right to buy) $18.3 12/04/2006 4M 1,000 05/07/2006 05/07/2013 Common Stock 1,000 $0 1,000 I By Spouse
Explanation of Responses:
1. Balance of Common Stock owned Directly includes 13.751 shares acquired on December 15, 2006 pursuant to the reinvestment of a dividend under Expeditors 2002 Employee Stock Purchase Plan. Beginning balance of Common Stock owned Indirectly includes 2.99 shares acquired on December 15, 2005 and 3.0786 shares acquired on June 15, 2006 pursuant to the reinvestment of a dividend under Expeditors International of Washington, Inc.'s 2002 Employee Stock Purchase Plan and 286.1339 shares acquired on July 31, 2006 under Expeditors International of Washington, Inc.'s 2002 Employee Stock Purchase Plan. All reported holdings reflect the 6/23/06 stock split.
2. Ending balance of Common Stock owned Indirectly includes 4.1954 shares acquired on December 15, 2006 pursuant to the reinvestment of a dividend under Expeditors International of Washington, Inc.'s 2002 Employee Stock Purchase Plan.
3. Employee Stock Options granted at no cost pursuant to Expeditors International of Washington, Inc.'s 2006 Employee Stock Option Plan.
Roger A Idiart 02/08/2007
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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