BOWLES ERSKINE B 4
4 · NORFOLK SOUTHERN CORP · Filed Mar 13, 2018
Insider Transaction Report
Form 4
BOWLES ERSKINE B
Director
Transactions
- Award
Deferred Stock Units - Dir. Def. Fee Plan
2018-03-09$145.53/sh+40.031$5,826→ 8,131.312 total→ Common Stock (40.031 underlying) - Award
Restricted Stock Units
2018-03-09$143.70/sh+64.563$9,278→ 12,950.307 total→ Common Stock (64.563 underlying)
Holdings
- 3,477
Common Stock
Footnotes (2)
- [F1]Reports the number of deferred stock units credited to the reporting person's account in the Norfolk Southern Corporation Directors' Deferred Fee Plan in the form of a deemed reinvestment of dividends on deferred stock units held under the plan, calculated on the basis of the market value of the company's common stock on the dividend payment date. These units ultimately will be satisfied in cash, not in shares of common stock, upon the reporting person's retirement or at such other time as may be elected under the terms of the plan.
- [F2]Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the company's common stock on the dividend payment date. These units ultimately will be satisfied in common stock upon the reporting person's termination of service or death.