Clyde H. Allison Jr - Oct 28, 2021 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Signature
Denise W. Hutson via P.O.A. for Clyde H. Allison Jr.
Stock symbol
NSC
Transactions as of
Oct 28, 2021
Transactions value $
-$1,101,500
Form type
4
Date filed
10/29/2021, 04:59 PM
Previous filing
May 12, 2021
Next filing
Jan 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSC Common Stock Options Exercise $349K +5K +11.83% $69.83 47.2K Oct 28, 2021 Direct F1
transaction NSC Common Stock Sale -$1.45M -5K -10.58% $290.13 42.2K Oct 28, 2021 Direct

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 NSC Option (right to buy, granted 2013) Options Exercise -5K -100% 0 Oct 28, 2021 Common Stock 5K $69.83 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).