Nag Nabanita C 4
4 · NORFOLK SOUTHERN CORP · Filed Feb 1, 2024
Insider Transaction Report
Form 4
Nag Nabanita C
EVP Corp Affairs, CLO&Corp Sec
Transactions
- Exercise/Conversion
Common Stock
[F1]2024-01-30+58→ 1,860 total - Tax Payment
Common Stock
2024-01-30$236.48/sh−17$4,020→ 1,843 total - Award
Option (right to buy, granted 2024)
[F2]2024-01-30+8,160→ 8,160 totalExercise: $236.85Exp: 2034-01-29→ Common Stock (8,160 underlying) - Award
Restricted Stock Units
[F3]2024-01-30+2,750→ 5,517 total→ Common Stock (2,750 underlying) - Exercise/Conversion
Restricted Stock Units
[F1]2024-01-30−58→ 5,459 total→ Common Stock (58 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [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, 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.
Signature
Denise Hutson via P.O.A. for Nabanita C. Nag|2024-02-01