Filing Details

Accession Number:
0000072333-13-000027
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-05 12:07:43
Reporting Period:
2013-03-04
Filing Date:
2013-03-05
Accepted Time:
2013-03-05 12:07:43
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
1183475 M Delena Sunday 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 2013-03-04 14,429 $13.47 47,238 No 4 M Direct
Common Stock Disposition 2013-03-04 14,429 $53.88 32,809 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 Employee Stock Option (right to buy) Acquisiton 2013-03-04 0 $0.00 0 $53.82
Common Stock Employee Stock Option (right to buy) Disposition 2013-03-04 14,429 $0.00 14,429 $13.47
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2023-03-04 No 4 A Direct
0 2019-02-27 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 7,034 Indirect By 401(k) Plan, per Plan statement dated 2/28/2013
Footnotes
  1. Includes 204 shares acquired on March 31, 2012 and 218 shares acquired on September 30, 2012 under the Employee Stock Purchase Plan.
  2. The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $53.8623 to $53.93, 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.
  3. 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.
  4. Granted under the issuer's 2010 Equity Incentive Plan, exercisable in four equal annual installments commencing on 3/4/2014.
  5. Exercisable in four equal annual installments commencing 2/27/10.