4//SEC Filing
Wheeler Michael Joseph 4
Accession 0001225208-20-001490
CIK 0000702165other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 5:18 PM ET
Size
17.2 KB
Accession
0001225208-20-001490
Insider Transaction Report
Form 4
Wheeler Michael Joseph
Sr. Vice President Operations
Transactions
- Sale
Common Stock
2020-01-30$212.84/sh−11,000$2,341,202→ 21,764 total - Tax Payment
Common Stock
2020-01-30$213.32/sh−5,271$1,124,410→ 32,764 total - Award
Restricted Stock Units
2020-01-30+2,740→ 5,410 total→ Common Stock (2,740 underlying) - Exercise/Conversion
Common Stock
2020-01-30$70.32/sh+11,000$773,520→ 38,035 total - Exercise/Conversion
Option (right to buy, granted 2016)
2020-01-30−11,000→ 10,080 totalExercise: $70.32From: 2020-01-28Exp: 2026-01-27→ Common Stock (11,000 underlying) - Award
Common Stock
2020-01-30+12,328→ 27,035 total - Award
Option (right to buy, granted 2020)
2020-01-30+3,720→ 3,720 totalExercise: $214.50From: 2024-01-30Exp: 2030-01-30→ Common Stock (3,720 underlying)
Holdings
- 30.084(indirect: By 401(k))
Common Stock
Footnotes (6)
- [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]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).
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.71 to $213.10, inclusive.
- [F4]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 30, 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.
- [F5]Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan).
- [F6]Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 30, 2020, 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.
Documents
Issuer
NORFOLK SOUTHERN CORP
CIK 0000702165
Entity typeother
Related Parties
1- filerCIK 0001654459
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 5:18 PM ET
- Size
- 17.2 KB