Hurlbut Thomas E 4
4 · NORFOLK SOUTHERN CORP · Filed Jan 29, 2018
Insider Transaction Report
Form 4
Hurlbut Thomas E
Vice President and Controller
Transactions
- Tax Payment
Common Stock
2018-01-25$149.57/sh−295$44,125→ 5,467 total - Award
Common Stock
2018-01-25+978→ 5,762 total - Award
Restricted Stock Units
2018-01-25+1,260→ 1,260 total→ Common Stock (1,260 underlying)
Footnotes (2)
- [F1]Represents shares earned by the reporting person under the formula-based performance share feature of the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).
- [F2]Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.