Home > Insider Trading > Filing (0001225208-22-001215)

Filing Details

Accession Number:: 0001225208-22-001215
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-01-31 21:45:34
Reporting Period:: 2022-01-27

Accepted Time:: 2022-01-31 21:45:34
SEC Url:: Form 4 Filing

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
1305086	A James Squires	650 W Peachtree St Nw Atlanta GA 30308	Chairman And Ceo	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	Acquisiton	2022-01-28	62,880	$92.76	118,420	No	4	M	Direct
Common Stock	Acquisiton	2022-01-28	2,982	$0.00	121,402	No	4	M	Direct
Common Stock	Acquisiton	2022-01-28	2,250	$0.00	123,652	No	4	M	Direct
Common Stock	Disposition	2022-01-28	962	$268.22	122,690	No	4	F	Direct
Common Stock	Disposition	2022-01-28	1,275	$268.22	121,415	No	4	F	Direct
Common Stock	Disposition	2022-01-28	62,880	$269.36	58,535	No	4	S	Direct

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

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Option (right to buy, granted 2022)	Acquisiton	2022-01-27	16,510	$0.00	16,510	$270.98
Common Stock	Restricted Stock Units	Acquisiton	2022-01-27	7,970	$0.00	7,970	$0.00
Common Stock	Option (right to buy, granted 2015)	Disposition	2022-01-28	62,880	$0.00	62,880	$92.76
Common Stock	Restricted Stock Units	Disposition	2022-01-28	2,250	$0.00	2,250	$0.00
Common Stock	Restricted Stock Units	Disposition	2022-01-28	2,982	$0.00	2,982	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
16,510	2026-01-27	2032-01-26	No	4	A	Direct
23,776			No	4	A	Direct
0	2019-06-01	2025-05-31	No	4	M	Direct
21,526			No	4	M	Direct
18,544			No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	167	Indirect	By 401(k) Plan
Common Stock	48,613	Indirect	By Spouse
Common Stock	11,637	Indirect	By the E.H. Squires Irrevocable Trust
Common Stock	11,637	Indirect	By the M.O. Squires Irrevocable Trust

Footnotes

Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the third of four installments.
Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments.
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 28, 2022, to have been credited to the reporting person's account in the Norfolk Southern Corporation Thrift and Investment Plan (TIP), a trusted 401(k) plan. In accordance with TIP's terms applicable to all participants, acquisitions were made at various times and at various prices.
Represents shares held by irrevocable trust for the benefit of the reporting person's child. The reporting person's spouse is the trustee of the trust. The reporting person has no pecuniary interest or investment control over these shares.
Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan).
Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 27, 2022, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.
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).