SEC Form 4 · accession 0000072333-17-000089
NORDSTROM INC · JWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel F Little
Officer — Executive Vice President
Period of report
Apr 3, 2017
Accepted (ET)
Apr 5, 2017 · 12:32 pm EDT
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 | Apr 3, 2017 | M | 4,289 | $12.58 | A | 76,371 | D | |
| Common StockF1 | Apr 3, 2017 | M | 3,134 | $34.50 | A | 79,505 | D | |
| Common StockF1,F2 | Apr 3, 2017 | S | 7,423 | $47.008 | D | 72,082 | D | |
| Common Stock | holding | — | — | — | 5,706 | I | By 401(k) Plan, per Plan statement dated 2/28/2017 |
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,F3,F4 | $12.58 | Apr 3, 2017 | M | 4,289 | D | — | Feb 27, 2019 | Common Stock | 4,289 | 30,021 | D |
| Employee Stock Option (right to buy)F1,F5,F6 | $34.50 | Apr 3, 2017 | M | 3,134 | D | — | Feb 26, 2020 | Common Stock | 3,134 | 34,476 | D |
Explanation of responses
- F1The option exercise and sales reported herein are pursuant to a 10b5-1 Trading Plan entered into on 3/29/2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.00 to $47.01, inclusive. The reporting person undertakes to provide to Nordstrom, Inc., any security holder of Nordstrom, Inc., or the staff of the Securities and Exchange Comission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3This option was originally reported as an option grant for 71,297 shares of common stock at an exercise price of $13.47 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.
- F4Exercisable in four equal annual installments commencing 2/27/2010.
- F5This option was originally reported as an option grant for 35,121 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.
- F6Exercisable in four equal annual installments commencing 2/26/2011.