SEC Form 4 · accession 0001225208-16-043405
NORFOLK SOUTHERN CORP · NSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Squires
Officer — Chairman, President and CEO · Director
Period of report
Dec 15, 2016
Accepted (ET)
Dec 16, 2016 · 4:23 pm EST
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 | Dec 15, 2016 | G | 400 | $0.00 | D | 47,241 | D | |
| Common StockF2 | holding | — | — | — | 151 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 20,799 | I | By GRATs | |
| Common Stock | holding | — | — | — | 47,399 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Excludes 20,799 shares which remain held indirectly in grantor retained annuity trusts (GRATs), previously held directly.
- 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 December 15, 2016, 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.