SEC Form 4 · accession 0000072333-18-000137
NORDSTROM INC · JWN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ken Worzel
Officer — Chief Digital Officer
Period of report
Sep 10, 2018
Accepted (ET)
Sep 12, 2018 · 2:59 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 | Sep 10, 2018 | M | 32,140 | $42.48 | A | 149,847 | D | |
| Common StockF1 | Sep 10, 2018 | M | 32,678 | $49.15 | A | 182,525 | D | |
| Common StockF1,F2 | Sep 10, 2018 | S | 64,818 | $65.8693 | D | 117,707 | D | |
| Common StockF1 | Sep 10, 2018 | S | 10,982 | $65.87 | D | 106,725 | D | |
| Common Stock | holding | — | — | — | 4,013 | I | By 401 (k) Plan, per Plan statement dated 8/31/2018. |
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 | $42.48 | Sep 10, 2018 | M | 32,140 | D | — | Feb 25, 2021 | Common Stock | 32,140 | 0 | D |
| Employee Stock Option (right to buy)F1,F4 | $49.15 | Sep 10, 2018 | M | 32,678 | D | — | Feb 22, 2022 | Common Stock | 32,678 | 0 | D |
Explanation of responses
- F1The option exercise and sales reported herein are pursuant to a 10b5-1 Trading Plan entered into on 8/27/2018.
- F2The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $65.27 to $66.24, 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 to this Form 4.
- F3Exercisable in four equal installments commencing 2/25/2012.
- F4Exercisable in four equal installments commencing 2/22/2013.