NORDSTROM INC 4
4 · NORDSTROM INC · Filed Mar 17, 2016
Insider Transaction Report
Form 4
KOPPEL MICHAEL G
Executive Vice President
Transactions
- Sale
Common Stock
2016-03-16$56.56/sh−38,073$2,153,447→ 77,374 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-03-16−38,073→ 0 totalExercise: $35.51Exp: 2018-02-28→ Common Stock (38,073 underlying) - Exercise/Conversion
Common Stock
2016-03-16$35.51/sh+38,073$1,351,972→ 115,447 total
Holdings
- 6,809.75(indirect: By 401 (k) Plan, per Plan statement dated 2/29/2016.)
Common Stock
Footnotes (4)
- [F1]The option exercise and sales reported herein are pursuant to a 10b5-1 Trading Plan entered into on 3/1/2016.
- [F2]This option was previously reported as an option for 35,553 shares of common stock at an exercise price of $38.02 per share. The number of options and the exercise price was subsequently adjusted, pursuant to the terms of the 2004 Equity Incentive Plan, to reflect the effect of a proportional adjustment made in relation to a special dividend declared on October 1, 2015.
- [F3]The price reported represents the weighted average price. These shares were sold in multiple transactions at price ranging from $56.11 to $56.98, 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 this footnote.
- [F4]Exercisable in four equal annual installments commencing 2/28/2009.