4//SEC Filing
Shaw Alan H. 4
Accession 0001225208-24-001433
CIK 0000702165other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 9:35 PM ET
Size
17.8 KB
Accession
0001225208-24-001433
Insider Transaction Report
Form 4
Shaw Alan H.
EVP & Chief Marketing Officer
Transactions
- Award
Option (right to buy, granted 2024)
2024-01-30+31,390→ 31,390 totalExercise: $236.85Exp: 2034-01-29→ Common Stock (31,390 underlying) - Exercise/Conversion
Restricted Stock Units
2024-01-30−545→ 15,510 total→ Common Stock (545 underlying) - Award
Common Stock
2024-01-30+3,717→ 36,780 total - Tax Payment
Common Stock
2024-01-30$236.48/sh−1,590$376,003→ 35,502 total - Exercise/Conversion
Common Stock
2024-01-30+545→ 37,325 total - Award
Restricted Stock Units
2024-01-30+6,340→ 16,055 total→ Common Stock (6,340 underlying) - Tax Payment
Common Stock
2024-01-30$236.48/sh−233$55,100→ 37,092 total
Holdings
- 1,860.601(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]The reporting person's previous Form 4 filed on January 30, 2024 overstated the total amount of shares beneficially owned in column 5 by 93 shares due to an administrative error. The amount reported in colunn 5 for this transaction has been updated to reflect this error.
- [F3]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. This distribution represents the fourth of four installments.
- [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, 2024, to have been credited to the reporting person's account in the Norfolk Southern Corporation Thrift and Investment Plan (TIP), a trusted 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). These options will vest ratably in four annual installments beginning on the first anniversary of the grant date.
- [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, 2024, 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 0001643244
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 9:35 PM ET
- Size
- 17.8 KB