Filing Details
- Accession Number:
- 0000072333-14-000026
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-03-05 16:55:11
- Reporting Period:
- 2014-03-03
- Filing Date:
- 2014-03-05
- Accepted Time:
- 2014-03-05 16:55:11
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 72333 | Nordstrom Inc | JWN | Retail-Family Clothing Stores (5651) | 910515058 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1183467 | J Robert Middlemas | C/O Nordstrom, Inc. 1617 Sixth Avenue Seattle WA 98101 | Executive Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2014-03-03 | 1,975 | $0.00 | 17,385 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2014-03-03 | 1,633 | $0.00 | 19,018 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2014-03-03 | 625 | $61.21 | 18,393 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2014-03-04 | 10,000 | $13.47 | 28,393 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-03-04 | 10,000 | $61.59 | 18,393 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | Acquisiton | 2014-03-03 | 0 | $0.00 | 0 | $61.21 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2014-03-04 | 10,000 | $0.00 | 10,000 | $13.47 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2024-03-03 | No | 4 | A | Direct | |
| 0 | 2019-02-27 | No | 4 | M | Direct |
Footnotes
- Restricted stock award, vesting and exercisable in four equal annual installments commencing 3/3/2015.
- The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $61.57 to $61.601, 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 footnote 2 to this Form 4.
- The number of options granted is not known at this time. The number is calculated as a function of base pay, a long-term incentive (LTI) percentage and the fair value of the option. The Bionomial Lattice option valuation model will be used to estimate the fair value of the option. This model requires the input 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.
- Granted under the issuer's 2010 Equity Incentive Plan, exercisable in four equal installments commencing on 3/3/2015.
- Exercisable in four equal annual installments commencing on 2/27/2010.
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