Wheeler Michael Joseph 4
4 · NORFOLK SOUTHERN CORP · Filed Jun 4, 2020
Insider Transaction Report
Form 4
Wheeler Michael Joseph
Sr. Vice President Operations
Transactions
- Exercise/Conversion
Option (right to buy, granted 2016)
2020-06-02−10,080→ 0 totalExercise: $70.32From: 2020-01-28Exp: 2026-01-27→ Common Stock (10,080 underlying) - Exercise/Conversion
Common Stock
2020-06-02$70.32/sh+10,080$708,826→ 31,844 total - Sale
Common Stock
2020-06-02$182.96/sh−10,080$1,844,217→ 21,764 total
Holdings
- 30.366(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]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).
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.68 to $183.21, inclusive.
- [F3]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 June 2, 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.