SEC Form 4 · accession 0001225208-17-002629
NORFOLK SOUTHERN CORP · NSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Andrew Galanko
Officer — SVP - Law and Corp. Comm.
Period of report
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 9:02 am 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 Stock | Feb 6, 2017 | M | 5,000 | $47.76 | A | 23,107 | D | |
| Common Stock | Feb 6, 2017 | F | 836 | $119.67 | D | 22,271 | D | |
| Common StockF2 | Feb 6, 2017 | S | 5,934 | $119.13 | D | 16,337 | D |
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 2010)F1 | $47.76 | Feb 6, 2017 | M | 5,000 | D | Jan 29, 2014 | Jan 28, 2020 | Common Stock | 5,000 | 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).
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.06 to $119.27, inclusive.