SEC Form 4 · accession 0001225208-17-003895
NORFOLK SOUTHERN CORP · NSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Hurlbut
Officer — Vice President and Controller
Period of report
Feb 17, 2017
Accepted (ET)
Feb 21, 2017 · 1:46 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 Stock | Feb 17, 2017 | M | 1,593 | $62.745 | A | 8,634 | D | |
| Common Stock | Feb 17, 2017 | M | 1,243 | $47.76 | A | 9,877 | D | |
| Common Stock | Feb 17, 2017 | F | 1,302 | $122.475 | D | 8,575 | D | |
| Common Stock | Feb 17, 2017 | S | 1,475 | $122.3659 | D | 7,100 | 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 17, 2017 | M | 1,243 | D | Jan 29, 2014 | Jan 28, 2020 | Common Stock | 1,243 | 0 | D |
| Option (right to buy, granted 2011)F1 | $62.745 | Feb 17, 2017 | M | 1,593 | D | Jan 27, 2015 | Jan 26, 2021 | Common Stock | 1,593 | 2,607 | 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).