RATHBONE JOHN P 4
4 · NORFOLK SOUTHERN CORP · Filed Jan 28, 2013
Insider Transaction Report
Form 4
RATHBONE JOHN P
Executive V.P.- Administration
Transactions
- Award
Common Stock
2013-01-24+18,629→ 118,318 total - Tax Payment
Common Stock
2013-01-24$69.19/sh−2,412$166,886→ 115,107 total - Award
Restricted Stock Units
2013-01-24+4,000→ 24,000 totalFrom: 2018-01-24Exp: 2018-01-24→ Common Stock (4,000 underlying) - Tax Payment
Common Stock
2013-01-24$69.19/sh−7,799$539,613→ 110,519 total - Exercise/Conversion
Common Stock
2013-01-24+7,000→ 117,519 total - Award
Option (right to buy) granted 2013
2013-01-24+24,000→ 24,000 totalExercise: $69.83From: 2017-01-24Exp: 2023-01-23→ Common Stock (24,000 underlying) - Exercise/Conversion
Restricted Stock Units
2013-01-24−7,000→ 20,000 totalExercise: $0.00From: 2013-01-24Exp: 2013-01-24→ Common Stock (7,000 underlying)
Holdings
- 10,112.661(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Represents shares earned by the reporting person under the formula-based performance share feature of the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).
- [F2]Represents shares earned by the reporting person that were originally granted as restricted stock units on January 24, 2008, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).
- [F3]Represents 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 January 24, 2013, 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.
- [F4]Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a Rule 16b-3 plan).
- [F5]Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 24, 2013 under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be satisfied in Common Stock on January 24, 2018.