SEC Form 4 · accession 0000072333-16-000215
NORDSTROM INC · JWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Dennehy
Officer — Executive Vice President
Period of report
Feb 24, 2016
Accepted (ET)
Feb 26, 2016 · 12:50 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 24, 2016 | A | 2,238 | $0.00 | A | 13,769 | D | |
| Common StockF2 | Feb 24, 2016 | F | 943 | $51.92 | D | 12,826 | D | |
| Common StockF3 | Feb 24, 2016 | F | 172 | $51.92 | D | 12,654 | D | |
| Common Stock | holding | — | — | — | 118 | I | By 401(k) Plan, per Plan statement dated 1/31/2016. |
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 2/27/2013 pursuant to the Nordstrom, Inc. 2010 Equity Incentive Plan. The Performance Rights vested on 2/24/2016, based upon the Compensation Committee's determination that the applicable performance criteria had been met as of 1/31/2016.
- 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.
- F3Withholding of shares to satisfy tax obligation on vesting of restricted shares.