NORDSTROM INC 4
4 · NORDSTROM INC · Filed Mar 5, 2014
Insider Transaction Report
Form 4
Myers Margaret
Executive Vice President
Transactions
- Award
Employee Stock Option (right to buy)
2014-03-03+0→ 0 totalExercise: $61.21Exp: 2024-03-03→ Common Stock (0 underlying) - Award
Common Stock
2014-03-03+1,433→ 17,711 total
Holdings
- 6,838.8(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Restricted stock award, vesting and exercisable in four equal annual installments commencing 3/3/2015.
- [F2]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 Bionomial 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.
- [F3]Granted under the issuer's 2010 Equity Incentive Plan, exercisable in four equal installments commencing on 3/3/2015.