NORDSTROM BLAKE W 4
4 · NORDSTROM INC · Filed Mar 8, 2018
Insider Transaction Report
Form 4
NORDSTROM BLAKE W
DirectorPresident
Transactions
- Award
Common Stock
2018-03-06+54,233→ 2,245,514 total
Holdings
- 32,794(indirect: By Trust)
Common Stock
- 92,983.77(indirect: By 401(k))
Common Stock
- 377,626(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]Restricted Stock Award vesting in four equal annual installments commencing 3/10/2019. The number of RSUs awarded is a function of base pay, a long-term incentive (LTI) percentage 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 = (base pay x LTI%) / RSU fair value.