Home > Insider Trading > Filing (0000072333-17-000011)

Filing Details

Accession Number:: 0000072333-17-000011
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-02-28 18:26:06
Reporting Period:: 2017-02-24

Filing Date:: 2017-02-28
Accepted Time:: 2017-02-28 18:26:06
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
1183470	E Peter Nordstrom	C/O Nordstrom, Inc. 1617 Sixth Avenue Seattle WA 98101	Executive Vice President	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2017-02-24	1,558	$44.49	2,289,363	No	4	S	Direct
Common Stock	Acquisiton	2017-02-28	0	$0.00	2,289,363	No	4	A	Direct
Common Stock	Acquisiton	2016-02-29	13,190	$0.00	2,289,363	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	A	Direct
No	4	A	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Acquisiton	2017-02-28	0	$0.00	0	$46.66
Common Stock	Employee Stock Option (right to buy)	Acquisiton	2016-02-29	82,141	$0.00	82,141	$51.32

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2027-02-28	No	4	A	Direct
82,141		2026-02-28	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	29,947	Indirect	By 401 (k) Plan, per Plan statement dated 1/31/2017
Common Stock	175,533	Indirect	By wife.
Common Stock	419	Indirect	By 401 (k) Plan, per Plan statement dated 1/31/2017
Common Stock	24,530	Indirect	By self as trustee for benefit of child.
Common Stock	24,530	Indirect	By self as trustee for benefit of child.

Footnotes

The sale reported herein is pursuant to a 10b5-a Trading Plan entered into on 8/29/2016.
Restricted Stock Award vesting in four equal annual installments commencing 3/10/2018. The number of Restricted Stock Units ("RSUs") granted are not known at this time. The number of RSUs to be awarded is a function of base pay, a long-term incentive (LTI) percentage and the fair value of an RSU. The fair value of an RSU is calculated as the stock price as of the effective date less the present value of Company stock dividends over the vesting period. This calculation requires the input of certain assumptions, including the risk-free interest rate and the expected Company stock dividends. The formula for determining the number of RSUs granted is: number of RSUs = (base pay x LTI%) / RSU fair value. This Form 4 will be amended to report the number of RSUs granted when the number has been calculated.
Originally reported on 3/2/2016, the Restricted Stock Award is corrected to update the vesting to reflect four equal annual installments commencing 3/10/2017.
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 Binomial 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 annual installments commencing on 3/10/2018.
Originally reported on 3/2/2016, the option is corrected to update the vesting to reflect four equal annual installments commencing on 3/10/2017.