Summary
Expeditors International of Washington, Inc. (EXPD) filed a Form 8-K on April 11, 2008, primarily to disclose information regarding outstanding stock options as of March 10, 2008, in preparation for their annual meeting. The filing provides key details about the company's equity compensation plan, which is important for understanding potential dilution and executive compensation structures. Investors should note the total number of outstanding options, their average exercise price, and the remaining term. This information is crucial for assessing the potential future impact of stock option exercises on the company's share count and financial performance. The details provided are consistent with standard disclosures for publicly traded companies and are found within the company's proxy statement.
Key Highlights
- 1Disclosure of 18,871,168 outstanding common stock options as of March 10, 2008.
- 2Weighted average exercise price for outstanding options is $23.19.
- 3Weighted average remaining contractual life for outstanding options is 5.50 years.
- 4Information is included in the company's proxy statement for the annual meeting on May 7, 2008.
- 5The filing is made under Regulation FD Disclosure (Item 7.01).
- 6No other significant business developments or financial results are reported in this 8-K.