PRICE LISA V 4
4 · NORDSTROM INC · Filed Nov 28, 2023
Insider Transaction Report
Form 4
PRICE LISA V
Chief Human Resources Officer
Transactions
- Award
Common Stock
2023-11-24+165,411→ 165,411 total
Footnotes (1)
- [F1]Restricted Stock Units vesting 33% on December 10, 2024, 33% on December 10, 2025 and 34% on December 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.