Teri Bariquit - Jun 9, 2023 Form 4 Insider Report for NORDSTROM INC (JWN)

Role: Chief Merchandising Officer
Signature: Brian B. DeFoe, Attorney-in-Fact for Teri Bariquit
Stock symbol: JWN
Transactions as of: Jun 9, 2023
Transactions value $: -$118,075
Form type: 4
Date filed: 6/13/2023, 02:29 PM
Previous filing: Mar 13, 2023
Next filing: Aug 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	JWN	Common Stock	+Options Exercise	$369,750	+25,000	+43.97%	$14.79	81,853	Jun 9, 2023	Direct	F1
transaction	JWN	Common Stock	-Sell	-$487,825	-25,000	-30.54%	$19.51	56,853	Jun 9, 2023	Direct	F1, F2
holding	JWN	Common Stock						2,556	Jun 9, 2023	By 401(k) Plan, per Plan statement dated 5/31/2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	JWN	Employee Stock Option (right to buy)	-Options Exercise	$0	-25,000	-24.92%	$0.00	75,316	Jun 9, 2023	Common Stock	25,000	$14.79	Direct	F1

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The option exercise and sales reported herein were made on the same day at different prices through a trade order executed by a broker-dealer.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.50 to $19.60, inclusive. The reporting person undertakes to provide to Nordstrom, any security holder of Nordstrom, 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.

Content

The option exercise and sales reported herein were made on the same day at different prices through a trade order executed by a broker-dealer.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.50 to $19.60, inclusive. The reporting person undertakes to provide to Nordstrom, any security holder of Nordstrom, 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.