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

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 $370K +25K +43.97% $14.79 81.9K Jun 9, 2023 Direct F1
transaction JWN Common Stock Sale -$488K -25K -30.54% $19.51 56.9K Jun 9, 2023 Direct F1, F2
holding JWN Common Stock 2.56K 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 -25K -24.92% $0.00 75.3K Jun 9, 2023 Common Stock 25K $14.79 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.