4/A//SEC Filing
RICHARDSON R MICHAEL 4/A
Accession 0000072333-13-000054
CIK 0000072333other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 5:30 PM ET
Size
6.9 KB
Accession
0000072333-13-000054
Insider Transaction Report
Form 4/AAmended
RICHARDSON R MICHAEL
Executive Vice President - CIO
Transactions
- Award
Employee Stock Option (right to buy)
2013-03-04+19,125→ 19,125 totalExercise: $53.82Exp: 2023-03-04→ Common Stock (19,125 underlying)
Holdings
- 30,197
Common Stock
Footnotes (3)
- [F1]This Form 4 is being amended to report the number of options granted, which was unknown at the time of the original filing on 3/4/2013, pursuant to a formula approved by the Compensation Committee.
- [F2]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.
- [F3]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 0001183490
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 5:30 PM ET
- Size
- 6.9 KB