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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
702165	Norfolk Southern Corp	NSC	Railroads, Line-Haul Operating (4011)	521188014

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1186078	W Donald Seale	Three Commercial Place Norfolk VA 23510	Exec. V.p. And Cmo	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	2011-01-07	30,554	$22.49	177,271	No	4	M	Direct
Common Stock	Disposition	2011-01-07	30,554	$65.05	146,717	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
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	Option to buy (granted 2002)	Disposition	2011-01-07	30,554	$0.00	30,554	$22.49

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2003-01-28	2012-01-27	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,986	Indirect	By 401(k) Plan

Footnotes

This reflects the sale of Norfolk Southern Common Stock pursuant to a Rule 10b5-1(c) sales plan.
The price reported in Column 4 is a weighted average price. These shares sold in multiple transacation at prices ranging from $65.00 to $65.13, inclusive.
Represents the approximate number of whole shares of Common Stock estimated -- on the basis of the unit accounting system used by the Plan Administrator -- as of January 6, 2011, to have been credited to the reporting person's account in the Norfolk Southern Corporation Thrift and Investment Plan (TIP), a trusteed 401(k) plan. In accordance with TIP's terms applicable to all participants, acquisitions were made at various times and at various prices.
Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).