NORFOLK SOUTHERN CORP 4
4 · NORFOLK SOUTHERN CORP · Filed Aug 29, 2014
Insider Transaction Report
Form 4
SEALE DONALD W
Exec. V.P. and CMO
Transactions
- Sale
Common Stock
2014-08-27$106.55/sh−31,983$3,407,789→ 194,857 total - Exercise/Conversion
Common Stock
2014-08-27$49.55/sh+31,983$1,584,918→ 226,840 total - Exercise/Conversion
Option (right to buy, granted 2007)
2014-08-27−31,983→ 0 totalExercise: $49.55From: 2010-01-25Exp: 2017-01-24→ Common Stock (31,983 underlying)
Holdings
- 21.481(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.40 to $106.74, inclusive.
- [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 August 27, 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.
- [F3]Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).