FINN LINDA T 4
4 · NORDSTROM INC · Filed Feb 27, 2009
Insider Transaction Report
Form 4
FINN LINDA T
Executive Vice President
Transactions
- Award
Employee Stock Option (right to buy)
2009-02-27+0→ 0 totalExercise: $13.47Exp: 2019-02-27→ Common Stock (0 underlying)
Holdings
- 34,403
Common Stock
- 6,669.33(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]The number of options granted effective 2/27/09 is not known at this time. The number is calculated as a function of base pay, a long-term incentive (LTI) percentage and the fair value of the option. The Binomial Lattice option valuation model will be used to estimate the fair value of the option. This model requires the input of certain assumptions, including risk-free interest rate, volatility, dividend yield, and expected life. The formula for determining the number of options granted is: number of options = (base pay x LTI%) / option fair value. This Form 4 will be amended to report the number of options granted when that number has been calculated.
- [F2]Granted under the issuer's 2004 Equity Incentive Plan, exercisable in four equal annual installments commencing on 2/27/2010.