4//SEC Filing
MCCLELLAN JAMES W 4
Accession 0000702165-03-000336
CIK 0000702165other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 3:59 PM ET
Size
9.8 KB
Accession
0000702165-03-000336
Insider Transaction Report
Form 4
MCCLELLAN JAMES W
Senior V.P. - Planning
Transactions
- Disposition to Issuer
Stock Units (Deferred)
2003-12-01−8,907.214→ 0 totalFrom: 2003-12-01Exp: 2003-12-01→ Common Stock (8,907.214 underlying) - Disposition to Issuer
Restricted Stock Units
2003-12-01−8,000→ 0 totalFrom: 2003-12-01Exp: 2003-12-01→ Common Stock (8,000 underlying)
Holdings
- 29,308
Common Stock
- 345,000
Options
→ Common Stock - 12,272(indirect: By Spouse)
Common Stock
Footnotes (6)
- [F1]Reports shares beneficially owned as of December 1, 2003, the date the reporting person retired. Includes 7,894 shares, the approximate number of whole shares of Common Stock estimated -- on the basis of the unit accounting system used by the Plan Administrator -- as of December 1, 2003, the last date on which a formal statement was available, to have been credited to the reporting person's account in the Norfolk Southern Corporation Thrift and Investment Plan (TIP), a trusteed 401(k) plan. In accordance with TIP's terms applicable to all participants, acquisitions were made at various times and at various prices.
- [F2]The Reporting Person retired effective December 1, 2003. He had no non-exempt transaction in the six months prior to his retirement date and has no obligation hereafter to file Form 4. He no longer is subject to the "profit"-recovery provisions of Section 16 of the Securities Exchange Act.
- [F3]Held by wife, JoAnne C. McClellan. The inclusion of these shares in this report shall not be construed as an admission that the reporting person is the beneficial owner of these shares.
- [F4]Reports cash payment to the reporting person of deferred stock units under the Long-Term Incentive Plan (a Rule 16b-3) plan) based on the Fair Market Value of the Common Stock on December 1, 2003 ($21.655 per share).
- [F5]Reports cash payment to the reporting person to satisfy Restriced Stock Units, exempt under Rule 16b-3, granted and credited to the account of the reporting person under the terms of the Norfolk Southern Corporation Restricted Stock Unit Plan. Settlement of the Units is based on the Fair Market Value of the Common Stock on December 1, 2003 ($21.655 per share).
- [F6]Reports shares beneficially owned by the reporting person as of December 1, 2003, the date the reporting person retired. Includes options to purchase 345,000 shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a Rule 16b-3 plan) granted at various times and at various exercise prices, as previously reported.
Documents
Issuer
NORFOLK SOUTHERN CORP
CIK 0000702165
Entity typeother
Related Parties
1- filerCIK 0001187181
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 3:59 PM ET
- Size
- 9.8 KB