4//SEC Filing
NORDSTROM INC 4
Accession 0000072333-16-000408
CIK 0000072333operating
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 4:08 PM ET
Size
12.9 KB
Accession
0000072333-16-000408
Insider Transaction Report
Form 4
KOPPEL MICHAEL G
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2016-12-13$12.58/sh+87,257$1,097,693→ 164,275 total - Sale
Common Stock
2016-12-13$58.34/sh−87,257$5,090,730→ 77,018 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-12-13−87,257→ 0 totalExercise: $12.58Exp: 2019-02-27→ Common Stock (87,257 underlying) - Award
Stock Units
2016-12-13$58.35/sh+182.82$10,668→ 7,996.26 total→ Common Stock (182.82 underlying)
Holdings
- 6,972.28(indirect: By 401 (k) Plan, per Plan statement dated 11/30/2016.)
Common Stock
Footnotes (7)
- [F1]The option exercise and sales reported herein are pursuant to a 10b5-1 Trading Plan entered into on 11/29/2016.
- [F2]This option was previously reported as an option grant for 81,482 shares of common stock at an exercise price of $13.47 per share. The number of options and the exercise price were 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 $58.00 to $58.77, 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 2/27/2010.
- [F5]1 for 1
- [F6]Stock unit dividend paid on share units that were deferred at the election of the reporting person under the Directors Deferred Compensation Plan.
- [F7]The stock units are convertible into issuer's common stock and payable upon the occurrence of certain events, including the reporting person's retirement from the issuer's Board of Directors.
Documents
Issuer
NORDSTROM INC
CIK 0000072333
Entity typeoperating
IncorporatedWA
Related Parties
1- filerCIK 0000072333
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 4:08 PM ET
- Size
- 12.9 KB