SEC Form 4 · accession 0000072333-16-000409
NORDSTROM INC · JWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geevy Sk Thomas
Officer — Executive Vice President
Period of report
Dec 13, 2016
Accepted (ET)
Dec 15, 2016 · 4:47 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 | Dec 13, 2016 | M | 10,693 | $50.09 | A | 71,089 | D | |
| Common StockF1,F4 | Dec 13, 2016 | M | 14,559 | $35.51 | A | 85,648 | D | |
| Common StockF1,F5 | Dec 13, 2016 | M | 15,865 | $34.50 | A | 101,513 | D | |
| Common StockF1,F6 | Dec 13, 2016 | M | 18,078 | $42.48 | A | 119,591 | D | |
| Common StockF1,F7 | Dec 13, 2016 | S | 38,833 | $57.96 | D | 80,758 | D | |
| Common StockF1,F8 | Dec 13, 2016 | S | 20,362 | $58.42 | D | 60,396 | D | |
| Common Stock | holding | — | — | — | 18,385 | I | By 401(k) Plan, per Plan statement dated 11/30/2016. |
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,F2,F9 | $50.09 | Dec 13, 2016 | M | 10,693 | D | — | Mar 1, 2017 | Common Stock | 10,693 | 0 | D |
| Employee Stock Option (right to buy)F1,F4,F10 | $35.51 | Dec 13, 2016 | M | 14,559 | D | — | Feb 27, 2018 | Common Stock | 14,559 | 0 | D |
| Employee Stock Option (right to buy)F1,F5,F11 | $34.50 | Dec 13, 2016 | M | 15,865 | D | — | Feb 26, 2020 | Common Stock | 15,865 | 0 | D |
| Employee Stock Option (right to buy)F1,F6,F12 | $42.48 | Dec 13, 2016 | M | 18,078 | D | — | Feb 25, 2021 | Common Stock | 18,078 | 0 | D |
Explanation of responses
- F1The option exercise and sales reported herein are pursuant to a 10b5-1 Trading Plan entered into on 11/28/2016.
- F10Exercisable in four equal annual installments commencing on 2/28/2009.
- F11Exercisable in four equal annual installments commencing on 2/26/2011.
- F12Exercisable in four equal annual installments commencing on 2/25/2012.
- F2This option was originally reported as an option grant for 9,986 shares of common stock at an exercise price of $53.63 per share. The number of options and the exercise price were 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 263 shares acquired on 9/30/2016 under the Employee Stock Purchase Plan.
- F4This option was originally reported as an option grant for 13,596 shares of common stock at an exercise price of $38.02 per share. The number of options and the exercise price were 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.
- F5This option was originally reported as an option grant for 18,815 shares of common stock at an exercise price of $36.94 per share. The number of options and the exercise price were 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.
- F6This option was originally reported as an option grant for 16,882 shares of common stock at an exercise price of $45.49 per share. The number of options and the exercise price were 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.
- F7The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $57.26 to $58.25, inclusive. The reporting person undertakes to provide to Nordstrom, Inc., any security holder of Nordstrom, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F8The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $58.26 to $58.645, inclusive. The reporting person undertakes to provide to Nordstrom, Inc., any security holder of Nordstrom, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F9Exercisable in four equal annual installments commencing on 3/1/2008.