4//SEC Filing
Thomas Paige L 4
Accession 0000072333-13-000021
CIK 0000072333other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 8:49 PM ET
Size
6.8 KB
Accession
0000072333-13-000021
Insider Transaction Report
Form 4
Thomas Paige L
Executive Vice President
Transactions
- Award
Employee Stock Option (right to buy)
2013-03-04+0→ 0 totalExercise: $53.82Exp: 2023-03-04→ Common Stock (0 underlying)
Holdings
- 0
Common Stock
Footnotes (2)
- [F1]The number of options granted 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 2010 Equity Incentive Plan, exercisable in four equal annual installments commencing on 3/4/2014.
Documents
Issuer
NORDSTROM INC
CIK 0000072333
Entity typeother
Related Parties
1- filerCIK 0001557100
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 8:49 PM ET
- Size
- 6.8 KB