NORDSTROM INC 4
4 · NORDSTROM INC · Filed Mar 5, 2014
Insider Transaction Report
Form 4
Mattics Steven C
Executive Vice President
Transactions
- Award
Common Stock
2014-03-03+1,249→ 1,735 total - Award
Employee Stock Option (right to buy)
2014-03-03+0→ 0 totalExercise: $61.21Exp: 2024-03-03→ Common Stock (0 underlying)
Holdings
- 2,126.22(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Restricted stock award, vesting and exercisable in four equal annual installments commencing 3/3/2015.
- [F2]Includes 256 shares acquired on March 31, 2013 and 230 shares acquired on September 30, 2013.
- [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 3/3/2015.