SEC Form 4 · accession 0001225208-16-031782
NORFOLK SOUTHERN CORP · NSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia C Earhart
Officer — Exec. VP - Admin. and CIO
Period of report
Apr 25, 2016
Accepted (ET)
Apr 26, 2016 · 4:51 pm 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 Stock | Apr 25, 2016 | M | 6,500 | $49.555 | A | 6,500 | D | |
| Common Stock | Apr 25, 2016 | S | 6,500 | $90.0381 | D | 0 | D | |
| Common Stock | holding | — | — | — | 11,065 | I | By GRATs | |
| Common Stock | holding | — | — | — | 41,723 | I | By Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy, granted 2007)F1 | $49.555 | Apr 25, 2016 | M | 6,500 | D | Jan 25, 2010 | Jan 24, 2017 | Common Stock | 6,500 | 0 | D |
Explanation of responses
- F1Reflects 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).