Wheeler Michael Joseph 4
4 · NORFOLK SOUTHERN CORP · Filed Jan 30, 2020
Insider Transaction Report
Form 4
Wheeler Michael Joseph
Sr. Vice President Operations
Transactions
- Exercise/Conversion
Common Stock
2020-01-28+890→ 14,954 total - Tax Payment
Common Stock
2020-01-28$204.14/sh−247$50,423→ 14,707 total - Exercise/Conversion
Restricted Stock Units
2020-01-28−890→ 2,670 total→ Common Stock (890 underlying)
Holdings
- 30.018(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 January 28, 2020, 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]Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, 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. This distribution represents the first of four installments.