SEC Form 4 · accession 0000072333-18-000114
NORDSTROM INC · JWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter E Nordstrom
Officer — Co-President · Director
Period of report
Jul 9, 2018
Accepted (ET)
Jul 10, 2018 · 3:20 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 | Jul 9, 2018 | M | 118,161 | $12.58 | A | 2,525,740 | D | |
| Common StockF1,F2 | Jul 9, 2018 | S | 103,961 | $53.1634 | D | 2,421,779 | D | |
| Common StockF1,F3 | Jul 9, 2018 | S | 14,200 | $54.0344 | D | 2,407,579 | D | |
| Common Stock | holding | — | — | — | 31,735 | I | By 401 (k) Plan, per Plan statement dated 6/30/2018. | |
| Common Stock | holding | — | — | — | 175,533 | I | By wife. | |
| Common Stock | holding | — | — | — | 439 | I | By 401 (k) Plan, per Plan statement dated 6/30/2018. | |
| Common Stock | holding | — | — | — | 24,530 | I | By self as trustee for benefit of child. | |
| Common Stock | holding | — | — | — | 24,530 | 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)F1,F4 | $12.58 | Jul 9, 2018 | M | 118,161 | D | — | Feb 27, 2019 | Common Stock | 118,161 | 0 | D |
Explanation of responses
- F1The option exercise and sale reported herein are pursuant to a 10b5-1 Trading Plan entered into on 6/10/2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.00 to $53.85, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.00 to $54.11, 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.
- F4Exercisable in four equal annual installments commencing 2/27/2010.