Claude E. Elkins - Dec 1, 2021 Form 3/A - Amendment Insider Report for NORFOLK SOUTHERN CORP (NSC)

Role
EVP & Chief Marketing Officer
Signature
Denise W. Hutson via POA for Claude E Elkins
Stock symbol
NSC
Transactions as of
Dec 1, 2021
Transactions value $
$0
Form type
3/A - Amendment
Date filed
12/17/2021, 11:56 AM
Date Of Original Report
Dec 10, 2021
Next filing
Jan 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NSC Common Stock 243 Dec 1, 2021 Direct F1
holding NSC Common Stock 123 Dec 1, 2021 By 401(k) Plan 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
holding NSC Option (right to buy, granted 2015) Dec 1, 2021 Common Stock 1.61K $104.23 Direct F2
holding NSC Option (right to buy, granted 2016) Dec 1, 2021 Common Stock 1.23K $70.32 Direct F2
holding NSC Option (right to buy, granted 2017) Dec 1, 2021 Common Stock 1.3K $120.25 Direct F2
holding NSC Restricted Stock Units Dec 1, 2021 Common Stock 165 Direct F3
holding NSC Restricted Stock Units Dec 1, 2021 Common Stock 290 Direct F3
holding NSC Restricted Stock Units Dec 1, 2021 Common Stock 576 Direct F3, F4
holding NSC Restricted Stock Units Dec 1, 2021 Common Stock 990 Direct F3, F5
holding NSC Restricted Stock Units Dec 1, 2021 Common Stock 115 Direct F3
holding NSC Restricted Stock Units Dec 1, 2021 Common Stock 668 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 At its meeting on December 1, 2021, the Corporation's Board of Directors elected the reporting person to his current position and designated him an "Executive Officer" for purposes of Section 16, effective December 1, 2021. Accordingly, this Form 3 reports the reporting person's direct and indirect holdings of Common Stock and derivative securities on the effective date of his designation.
F2 Employee stock options (right to buy) granted under the Norfolk Southern Corporation Long-Term Incentive Plan.
F3 Reports the total number of Restricted Stock Units granted to the reporting person under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These units will ultimately be satisfied in shares of Norfolk Southern Corporation Common Stock.
F4 These Units will vest ratably in two annual installments.
F5 These Units will vest ratably in four annual installments.
F6 These Units will vest ratably in three annual installments.

Remarks:

elkinspoa.txt, elkinspoa.pdf