THOMAS GEEVY SK 4
4 · NORDSTROM INC · Filed Aug 20, 2020
Insider Transaction Report
Form 4
THOMAS GEEVY SK
Executive Vice President
Transactions
- Award
Employee Stock Option (right to buy)
2020-08-18+0→ 0 totalFrom: 2022-09-10Exp: 2030-09-10→ Common Stock (0 underlying) - Disposition to Issuer
Performance Share Units
2020-08-18−28,301→ 0 totalFrom: 2023-03-10Exp: 2023-03-10→ Common Stock (28,301 underlying)
Footnotes (4)
- [F1]Represents Performance Share Units originally granted on March 9, 2020 and canceled by the issuer without payment on August 18, 2020.
- [F2]Granted under the issuer's 2019 Equity Incentive Plan.
- [F3]The exercise price will be equal to the closing price of the issuer's common stock on August 27, 2020.
- [F4]The number of options granted is not known at this time. The number is calculated as a function 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 = target award value/option fair value. This Form 4 will be amended to report the number of options granted when that number has been calculated.