Ann Munson Steines - 06 Mar 2025 Form 4 Insider Report for NORDSTROM INC (JWN)

Role: CLO, GC & Corp. Secretary
Signature: Brian B. DeFoe, Attorney-in-Fact for Ann Munson Steines
Issuer symbol: JWN
Transactions as of: 06 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 10 Mar 2025, 16:30:13 UTC
Previous filing: 11 Dec 2024
Next filing: 12 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JWN	Common Stock	Award	$0	+30,954	+38%	$0.000000	113,467	06 Mar 2025	Direct	F1

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	Award	$0	+32,786		$0.000000	32,786	06 Mar 2025	Common Stock	32,786		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Unit vesting in three equal annual installments commencing on March 6, 2026.
F2	Each Performance Share Unit (PSU) represents a contingent right to receive 1 share of the Company's common stock. The PSUs may be earned over a 3-year period from FY 2025 through FY 2027, depending on the achievement of certain metrics. The percentage of PSUs that will actually be earned at the end of each year within the 3-year period is based upon the achievement of pre-established performance measures that year. One third of the total target number of PSUs will be allocated to three separate 1-year performance cycles. The minimum percentage of PSUs that can be earned at the end of each year is 0% and the maximum is 175% based on achievement of pre-established performance measures at the end of each year. The total percentage of PSUs that can be earned at the end of the 3-year period ranges from 0%-175%.

Content

Restricted Stock Unit vesting in three equal annual installments commencing on March 6, 2026.

Each Performance Share Unit (PSU) represents a contingent right to receive 1 share of the Company's common stock. The PSUs may be earned over a 3-year period from FY 2025 through FY 2027, depending on the achievement of certain metrics. The percentage of PSUs that will actually be earned at the end of each year within the 3-year period is based upon the achievement of pre-established performance measures that year. One third of the total target number of PSUs will be allocated to three separate 1-year performance cycles. The minimum percentage of PSUs that can be earned at the end of each year is 0% and the maximum is 175% based on achievement of pre-established performance measures at the end of each year. The total percentage of PSUs that can be earned at the end of the 3-year period ranges from 0%-175%.