NORFOLK SOUTHERN CORP 4
4 · NORFOLK SOUTHERN CORP · Filed Mar 27, 2014
Insider Transaction Report
Form 4
SEALE DONALD W
Exec. V.P. and CMO
Transactions
- Gift
Common Stock
2014-03-25−25,748→ 0 total(indirect: By GRATs)
Holdings
- 190,870
Common Stock
- 21.258(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]On March 22, 2012, the reporting person contributed 100,000 shares of Norfolk Southern Corporation common stock to a grantor retained annuity trust for the benefit of himself and his two children. Upon termination of the trust on March 24, 2014, 25,748 shares were transferred to the reporting person's children. The remaining 74,252 shares have been distributed to the reporting person and are reported in this Form 4 as 'directly owned'.
- [F2]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 March 25, 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.