NORFOLK SOUTHERN CORP 4
4 · NORFOLK SOUTHERN CORP · Filed Jan 29, 2016
Insider Transaction Report
Form 4
Manion Mark D
Exec. V. P. - Operations
Transactions
- Tax Payment
Common Stock
2016-01-27$69.32/sh−1,054$73,063→ 22,511 total - Exercise/Conversion
Restricted Stock Units
2016-01-27−3,000→ 0 totalFrom: 2016-01-27Exp: 2016-01-27→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2016-01-27+3,000→ 23,565 total
Holdings
- 30,576(indirect: By GRATs)
Common Stock
- 6,453.839(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 27, 2011, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).
- [F2]Excludes 30,576 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 27, 2016, 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.