SEC Form 4 · accession 0001225208-18-008317
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
Apr 27, 2018
Accepted (ET)
May 1, 2018 · 3:11 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 27, 2018 | M | 1,432 | $69.83 | A | 5,432 | D | |
| Common Stock | Apr 27, 2018 | M | 1,330 | $75.14 | A | 6,762 | D | |
| Common Stock | Apr 27, 2018 | S | 1,330 | $145.5039 | D | 5,432 | D | |
| Common Stock | Apr 27, 2018 | S | 1,432 | $145.5062 | D | 4,000 | D | |
| Common StockF2 | Apr 27, 2018 | J | 4,000 | $0.00 | D | 0 | 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 2012)F1 | $75.14 | Apr 27, 2018 | M | 1,330 | D | Jan 26, 2016 | Jan 25, 2022 | Common Stock | 1,330 | 0 | D |
| Option (right to buy, granted 2013)F1 | $69.83 | Apr 27, 2018 | M | 1,432 | D | Jan 24, 2017 | Jan 23, 2023 | Common Stock | 1,432 | 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 reporting person transferred 4,000 shares pursuant to a marital property settlement agreement in a divorce proceeding.