UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Expeditors International of Washington, Inc.
(Name of Issuer)
Common Stock, $1.00 par value
(Title of Class of Securities)
302130109
(CUSIP Number)
December 31, 2002
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP NO. 833793102 SCHEDULE 13G PAGE 2 OF 4 PAGES
--------------------- ----- -----
(1) NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON TRANSAMERICA INVESTMENT MANAGEMENT, LLC
06-1564377
---------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ X ]
---------------------------------------------------------------------
(3) SEC USE ONLY
---------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
---------------------------------------------------------------------
(5) SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 5,725,727
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH 0
--------------------------------------------------------
(8) SHARED DISPOSITIVE POWER
5,725,727
--------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,725,727
---------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES [ ]
---------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.49%
---------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
IA
---------------------------------------------------------------------
Item 1(a). Expeditors International of Washington, Inc.
Item 1(b). 1015 Third Avenue, 12th Floor, Seattle, WA 98104
Item 2(a) Transamerica Investment Management, LLC ("TIM")
Item 2(b) 1150 S. Olive Street, Los Angeles, CA 90015
Item 2(c) Delaware Limited Liability Company
Item 2(d) Common Stock, $0.01 par value
Item 2(e) 302130109
Item 4 Reference is hereby made to Items 5-9 and 11 of the cover page
to this statement, which items are incorporated by reference
herein.
Item 5 Not Applicable
Item 6 TIM is deemed to be the beneficial owner of 5,725,727 shares of Common
Stock pursuant to separate arrangements whereby TIM acts as investment adviser
to certain individuals and entities. Each of the individuals and entities for
which TIM acts as investment adviser has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, the
securities purchased or held pursuant to such arrangements.
To the knowledge of TIM, no other person has the right to receive or the power
to direct the receipt of dividends from, or the proceeds from the sale of, the
Common Stock.
Item 7 Not Applicable
Item 8 Not Applicable
Item 9 Not Applicable
Item 10 By signing below the undersigned certifies that, to the best of his
knowledge and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or
effect.
/s/Gary U. Rolle'
Gary U. Rolle'
President and Chief Investment Officer