SEC Form 4 · accession 0000072333-16-000394
NORDSTROM INC · JWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Blake W Nordstrom
Officer — President · Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 15, 2016 · 7:14 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,F3 | Nov 14, 2016 | M | 42,847 | $50.09 | A | 2,158,293 | D | |
| Common StockF1 | Nov 14, 2016 | S | 42,847 | $60.00 | D | 2,115,446 | D | |
| Common Stock | holding | — | — | — | 89,253 | I | By 401(k) Plan, per Plan statement dated 10/31/2016. | |
| Common Stock | holding | — | — | — | 377,626 | I | By wife | |
| Common Stock | holding | — | — | — | 32,794 | I | By self as trustee for benefit of child |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F1,F4 | $50.09 | Nov 14, 2016 | M | 42,847 | D | — | Mar 1, 2017 | Common Stock | 42,847 | 0 | D |
Explanation of responses
- F1The option exercise and sales reported herein are pursuant to a 10b5-1 Trading Plan entered into on 8/29/2016.
- F2This option was previously reported as an option for 40,011 shares of common stock at an exercise price of $53.63 per share. The number of options and the exercise price was subsequently adjusted, pursuant to the terms of the 2004 Equity Incentive Plan, to reflect the effect of a proportional adjustment made in relation to a special dividend declared on October 1, 2015.
- F3Includes 324 shares acquired on 9/30/2016 under the Employee Stock Purchase Plan.
- F4Exercisable in four equal annual installments commencing on 3/1/2008.