SEC Form 4 · accession 0000072333-15-000010
NORDSTROM INC · JWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ken Worzel
Officer — Executive Vice President
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 4:01 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 | Feb 13, 2015 | A | 2,217 | $0.00 | A | 26,931 | D | |
| Common StockF2 | Feb 13, 2015 | F | 84 | $79.41 | D | 26,847 | D | |
| Common Stock | holding | — | — | — | 2,212 | I | By 401(k) Plan, per Plan statement dated 1/31/2015. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Settlement of Performance Rights which were awarded by the Board's Compensation Committee on 2/17/2012 pursuant to the Nordstrom, Inc. 2010 Equity Incentive Plan. The Performance Rights vested on 2/13/2015, based upon the Compensation Committee's determination that the applicable performance criteria had been met as of 1/31/2015. 2,217 shares vested of which 84 shares were withheld for taxes. The reporting party elected to defer the balance of 2,133 shares to the Executive Deferred Compensation Plan.
- F2Exercise of tax withholding right upon settlement of Performance Shares. The tax withholding right was previously approved by the Board's Compensation Committee at the time of the Performance Share grant.