SEC Form 4 · accession 0001225208-15-015083
NORFOLK SOUTHERN CORP · NSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah H Butler
Officer — Exec. V.P.- Planning & CIO
Period of report
Jun 29, 2015
Accepted (ET)
Jul 6, 2015 · 6:01 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000702165
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 29, 2015 | G | 3,141 | $0.00 | D | 27,223 | D | |
| Common StockF2 | holding | — | — | — | 1,389 | I | By 401(k) Plan | |
| Common StockF3 | holding | — | — | — | 33,000 | I | By GRATs |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 29,2010, the reporting person contributed 4,843 shares of Norfolk Southern Corporation common stock to a grantor retained annuity trust for the benefit of herself and her three children. Upon termination of the trust on June 29, 2015, 3,141 shares were transferred to the reporting person's children. The remaining 1,702 shares have been distributed to the reporting person and are reported in this Form 4 as 'directly owned.'
- F2Represents 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 29, 2015, 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.
- F3On June 23, 2015, 33,000 shares previously held directly were transferred to grantor retained annuity trusts.