4/A//SEC Filing
NORDSTROM INC 4/A
Accession 0000072333-16-000269
CIK 0000072333operating
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 6:25 PM ET
Size
6.1 KB
Accession
0000072333-16-000269
Insider Transaction Report
Form 4/AAmended
Dennehy Brian
Executive Vice President
Transactions
- Award
Employee Stock Option (right to buy)
2016-02-29+28,543→ 28,543 totalExercise: $51.32Exp: 2026-02-28→ Common Stock (28,543 underlying)
Footnotes (3)
- [F1]This Form 4 is being amended to report the number of options granted, calculated pursuant to a formula approved by the Compensation Committee. The number was unknown at the time of the original filing on 3/2/2016.
- [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 is 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]Exercisable in four equal annual installments commencing 2/28/2017.
Documents
Issuer
NORDSTROM INC
CIK 0000072333
Entity typeoperating
IncorporatedWA
Related Parties
1- filerCIK 0000072333
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 6:25 PM ET
- Size
- 6.1 KB