SEC Form 4 · accession 0000072333-19-000033

NORDSTROM INC · JWN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Co-President · Director

Period of report

Mar 5, 2019

Accepted (ET)

Mar 7, 2019 · 9:09 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000072333

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Common Stock	holding	—	—	—	3,226	I	By second 401 (k) Plan, per Plan statement dated 2/28/2019
Common Stock	holding	—	—	—	24,530	I	By self as trustee for benefit of child.
Common Stock	holding	—	—	—	175,533	I	By wife.
Common Stock	holding	—	—	—	24,530	I	By self as trustee for benefit of second child

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	$45.33	Mar 5, 2019	A	0	A	—	Mar 5, 2029	Common Stock	0	0	D
Performance Share Units^F3	—	Mar 5, 2019	A	37,629	A	Mar 5, 2022	Jan 29, 2022	Common Stock	37,629	37,629	D

F1The number of options granted is not known at this time. The number is calculated as a function of certain assumptions, including risk-free interest rate, volatility, dividend yield, and expected life. The formula for determining the number of options granted is: number of options = (base pay x LTI%)/option fair value. This Form 4 will be amended to report the number of options granted when that number has been calculated.
F2Granted under the issuer's 2010 Equity Incentive Plan, exercisable in four equal annual installments, beginning on 3/10/2020.
F3Each Performance Share Unit (PSU) represents a contingent right to receive one share of the Company's common stock. The percentage of PSUs granted that will actually be earned at the end of the three-year period is based upon the Company's free cash flow growth, earnings before interest and tax (EBIT) margin percent, and market share results over that same period.