4//SEC Filing
SUNDAY DELENA M 4
Accession 0000072333-13-000027
CIK 0000072333other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 12:07 PM ET
Size
12.8 KB
Accession
0000072333-13-000027
Insider Transaction Report
Form 4
SUNDAY DELENA M
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) - Exercise/Conversion
Common Stock
2013-03-04$13.47/sh+14,429$194,359→ 47,238 total - Sale
Common Stock
2013-03-04$53.88/sh−14,429$777,427→ 32,809 total - Exercise/Conversion
Employee Stock Option (right to buy)
2013-03-04−14,429→ 0 totalExercise: $13.47Exp: 2019-02-27→ Common Stock (14,429 underlying)
Holdings
- 7,033.871(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Includes 204 shares acquired on March 31, 2012 and 218 shares acquired on September 30, 2012 under the Employee Stock Purchase Plan.
- [F2]The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $53.8623 to $53.93, inclusive. The reporting person undertakes to provide to Nordstrom, Inc., any security holder of Nordstrom, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.
- [F3]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.
- [F4]Granted under the issuer's 2010 Equity Incentive Plan, exercisable in four equal annual installments commencing on 3/4/2014.
- [F5]Exercisable in four equal annual installments commencing 2/27/10.
Documents
Issuer
NORDSTROM INC
CIK 0000072333
Entity typeother
Related Parties
1- filerCIK 0001183475
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 12:07 PM ET
- Size
- 12.8 KB