NORFOLK SOUTHERN CORP 4
4 · NORFOLK SOUTHERN CORP · Filed Jan 31, 2014
Insider Transaction Report
Form 4
SEALE DONALD W
Exec. V.P. and CMO
Transactions
- Exercise/Conversion
Restricted Stock Units
2014-01-29−10,000→ 0 totalFrom: 2014-01-29Exp: 2014-01-29→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2014-01-29+10,000→ 162,714 total - Tax Payment
Common Stock
2014-01-29$90.05/sh−4,770$429,539→ 157,944 total
Holdings
- 58,674(indirect: By GRATs)
Common Stock
- 21.13(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Represents shares earned by the reporting person that were originally granted as restricted stock units on January 29, 2009, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).
- [F2]Excludes 58,674 shares which remain held indirectly in grantor retained annuity trusts (GRATs), previously held directly.
- [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 29, 2014, 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.