4//SEC Filing
NORDSTROM INC 4
Accession 0000072333-16-000317
CIK 0000072333operating
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 7:12 PM ET
Size
9.2 KB
Accession
0000072333-16-000317
Insider Transaction Report
Form 4
Dennehy Brian
Executive Vice President
Transactions
- Award
Common Stock
2016-06-07+0→ 17,272 total - Award
Employee Stock Option
2016-06-07+0→ 0 totalExercise: $40.50From: 2019-06-10Exp: 2026-06-07→ Common Stock (0 underlying)
Holdings
- 159.12(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Restricted Stock Award vesting 50% on June 10, 2018 and 50% on June 10, 2019. The number of Restricted Stock Units ("RSUs") granted are not known at this time. The number of RSUs to be awarded is a function of a percent of base pay and the fair value of an RSU. The fair value of an RSU is calculated as the stock price as of the effective date less the present value of Company stock dividends over the vesting period. This calculation requires the input of certain assumptions, including the risk-free interest rate and the expected Company stock dividends. The formula for determining the number of RSUs granted is: number of RSUs = % of base pay / RSU fair value. This Form 4 will be amended to report the number of RSUs granted when the number has been calculated.
- [F2]Includes 215 shares acquired on 3/31/16 under the Employee Stock Purchase Plan.
- [F3]Granted under the issuer's 2010 Equity Incentive Plan. The number of options granted is not known at this time. The number is calculated as a function of a percent of base pay 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 = % of base pay / option fair value. This Form 4 will be amended to report the number of options granted when that number has been calculated.
Documents
Issuer
NORDSTROM INC
CIK 0000072333
Entity typeoperating
IncorporatedWA
Related Parties
1- filerCIK 0000072333
Filing Metadata
- Form type
- 4
- Filed
- Jun 8, 8:00 PM ET
- Accepted
- Jun 9, 7:12 PM ET
- Size
- 9.2 KB