SEC Form 4 · accession 0000072333-16-000401
NORDSTROM INC · JWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott A Meden
Officer — Executive Vice President
Period of report
Dec 7, 2016
Accepted (ET)
Dec 8, 2016 · 7:09 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 | Dec 7, 2016 | M | 5,000 | $12.58 | A | 36,923 | D | |
| Common StockF1 | Dec 7, 2016 | S | 5,000 | $60.00 | D | 31,923 | D | |
| Common StockF3 | holding | — | — | — | 7,300 | I | See | |
| Common Stock | holding | — | — | — | 4,497 | I | By 401(k) Plan, per Plan statement dated 11/30/16 |
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)F1,F4,F5 | $12.58 | Dec 7, 2016 | M | 5,000 | D | — | Feb 27, 2019 | Common Stock | 5,000 | 20,186 | D |
Explanation of responses
- F1The option exercise and sale reported herein are pursuant to a 10b5-1 Trading Plan entered into on 11/21/2016.
- F2Includes 104 shares acquired on September 30, 2016 under the Employee Stock Purchase Plan.
- F3Held in a trust for which reporting person is trustee and beneficiary.
- F4This option was originally reported as an option for 28,519 shares of common stock at an exercise price of $13.47 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.
- F5Exercisable in four equal annual installments commencing 2/27/2010.