NORFOLK SOUTHERN CORP 4
4 · NORFOLK SOUTHERN CORP · Filed Nov 10, 2016
Insider Transaction Report
Form 4
HIXON JAMES A
Exec.VP-Law & Corp. Relatiions
Transactions
- Sale
Common Stock
2016-11-08$96.00/sh−10,000$960,000→ 132,647 total - Sale
Common Stock
2016-11-08$95.00/sh−10,830$1,028,850→ 121,817 total - Exercise/Conversion
Common Stock
2016-11-08$38.70/sh+10,000$387,050→ 142,647 total - Exercise/Conversion
Common Stock
2016-11-09$38.70/sh+14,417$558,010→ 136,234 total - Sale
Common Stock
2016-11-09$97.00/sh−14,417$1,398,449→ 121,817 total - Exercise/Conversion
Option (right to buy, granted 2009)
2016-11-08−10,000→ 14,417 totalExercise: $38.70From: 2013-01-29Exp: 2019-01-28→ Common Stock (10,000 underlying) - Exercise/Conversion
Option (right to buy, granted 2009)
2016-11-09−14,417→ 0 totalExercise: $38.70From: 2013-01-29Exp: 2019-01-28→ Common Stock (14,417 underlying)
Holdings
- 8,975.853(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]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 November 8, 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.
- [F2]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).