4//SEC Filing
Smith Cathy R 4
Accession 0000072333-23-000099
CIK 0000072333other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 2:36 PM ET
Size
7.4 KB
Accession
0000072333-23-000099
Insider Transaction Report
Form 4
Smith Catherine R
Chief Financial Officer
Transactions
- Award
Common Stcok
2023-06-02+253,024→ 253,024 total - Award
Common Stcok
2023-06-02+169,367→ 422,391 total
Footnotes (2)
- [F1]Restricted Stock Unit vesting 55% on June 10, 2024, 25% on June 10, 2025 and 20% on June 10, 2026. The number of RSUs awarded is a function of target award value 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 = target award value / RSU fair value.
- [F2]Restricted Stock Units vesting in two equal installments on June 10, 2025 and June 10, 2026. The number of RSUs awarded is a function of target award value 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 = target award value / RSU fair value.
Documents
Issuer
NORDSTROM INC
CIK 0000072333
Entity typeother
Related Parties
1- filerCIK 0001322028
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 2:36 PM ET
- Size
- 7.4 KB