SEC Form 4 · accession 0000072333-15-000003
NORDSTROM INC · JWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip G Satre
Director
Period of report
Jan 26, 2015
Accepted (ET)
Jan 27, 2015 · 8:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000072333
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 26, 2015 | M | 548 | — | A | 24,761 | I | See |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock UnitsF1,F5,F3,F4 | — | Jan 26, 2015 | M | 549 | D | — | — | Common Stock | 549 | 15,087 | D |
Explanation of responses
- F1Pre-elected distribution under the Nordstrom Inc. Directors Deferred Compensation Plan (the "Plan"). 548.7377 share units were distributed, of which 548 shares were settled and issued to the reporting person and, pursuant to the terms of the Plan, the equivalent of .7377 share units were settled in cash.
- F2Shares held by the Satre Family Trust, of which the reporting person is a trustee and beneficiary.
- F31 for 1
- F4Pursuant to the terms of the Plan, the stock units are convertible into issuer's common stock and distributed at the election of the reporting person, which election is made at least 2 years prior to distribution.
- F5Represents the total number of stock units held by the reporting person under the Plan.