Ken Worzel - Dec 4, 2024 Form 4 Insider Report for NORDSTROM INC (JWN)

Role
Chief Customer Officer
Signature
Brian B. DeFoe, Attorney-in-Fact for Ken Worzel
Stock symbol
JWN
Transactions as of
Dec 4, 2024
Transactions value $
-$95,960
Form type
4
Date filed
12/6/2024, 05:07 PM
Previous filing
Oct 1, 2024
Next filing
Dec 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JWN Common Stock Award $25.5K +1.06K +0.5% $23.99 216K Dec 4, 2024 Direct F1
transaction JWN Common Stock Tax liability -$25.5K -1.06K -0.49% $23.99 215K Dec 4, 2024 Direct F2
transaction JWN Common Stock Tax liability -$70.4K -2.94K -1.37% $23.99 212K Dec 4, 2024 Direct F3
holding JWN Common Stock 5.65K Dec 4, 2024 By 401(k) Plan, per Plan statement dated 11/30/2024

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 Performance Share Units Options Exercise -$10.7K -448 -0.77% $23.99 58K Dec 4, 2024 Common Stock 448 Direct F4, F5
transaction JWN Performance Share Units Options Exercise -$14.8K -616 -0.76% $23.99 80.5K Dec 4, 2024 Common Stock 616 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired as a result of conversion of Performance Share Units described in Footnote (5) to this Form 4, which shares were simultaneously withheld 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.
F2 Represents shares withheld following conversion of Performance Share Units, described in Footnote (5) 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.
F3 Represents shares withheld to satisfy the tax obligation in connection with the vesting of RSUs. The transaction is exempt pursuant to Rule 16b-3(e) of the '34 Act.
F4 Performance Share Units convert into common stock on a one-for-one basis.
F5 Represents the conversion of Performance Share Units to shares in order to allow for the satisfaction of a FICA tax obligation arising from the reporting person being eligible for retirement under the underlying award. This transaction is exempt pursuant to Rule 16b-3(e) of the Exchange Act.