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Nordstrom Peter E
Pres. & Chief Brand Officer
Nordstrom, Inc.
US, Seattle [HQ]
CIK
1183470
Data Source
We automatically created this profile. The information was aggregated based on earnings call transcripts, insider forms and DEF 14A statements.
Latest Information
Shares :
2,575,248
Price per Share :
$24.13
Equivalence :
$62,140,734.24
Transaction History
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A2,575,248 Shares After TransactionValue : $n/a$0.0Transaction Date : 03/07/24
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Footnotes
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Footnotes:#1 Restricted Stock Unit vesting in three equal annual installments commencing on March 10, 2025. The number of RSUs awarded is a function of established long-term incentive award levels, an RSU 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 RSU LTI%) / RSU fair value.
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A2,580,682 Shares After TransactionValue : $61,910,561.18$130,361.66Transaction Date : 12/04/24
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Footnotes
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Footnotes:#1 Represents shares acquired as a result of conversion of Performance Share Units and Restricted Stock Units described in Footnote 6 to this Form 4, which shares were simultaneously forfeited to pay the reporting person's federal, state and Federal Insurance Contributions Act ("FICA") tax. This transaction is exempt pursuant to Rule 16b-3(d) of the Exchange Act.#2 Represents shares forfeited following conversion of Performance Share Units and Restricted Stock Units, described in Footnote 6 to this Form 4, to pay the reporting person's FICA tax. This transaction is exempt pursuant to Rule 16b-3(e) of the Exchange Act.
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F2,575,248 Shares After TransactionValue : $61,780,199.52$130,361.66Transaction Date : 12/04/24
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Footnotes
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Footnotes:#1 Represents shares acquired as a result of conversion of Performance Share Units and Restricted Stock Units described in Footnote 6 to this Form 4, which shares were simultaneously forfeited to pay the reporting person's federal, state and Federal Insurance Contributions Act ("FICA") tax. This transaction is exempt pursuant to Rule 16b-3(d) of the Exchange Act.#2 Represents shares forfeited following conversion of Performance Share Units and Restricted Stock Units, described in Footnote 6 to this Form 4, to pay the reporting person's FICA tax. This transaction is exempt pursuant to Rule 16b-3(e) of the Exchange Act.