Christopher T. Jones - Feb 21, 2022 Form 4 Insider Report for NORFOLK SOUTHERN CORP (NSC)

Role
Director
Signature
Denise W. Hutson via P.O.A for Christopher T. Jones
Stock symbol
NSC
Transactions as of
Feb 21, 2022
Transactions value $
$2,612
Form type
4
Date filed
2/23/2022, 12:10 PM
Previous filing
Jan 31, 2022
Next filing
May 24, 2022

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 Restricted Stock Units Award $2.61K +9.56 +0.45% $273.12 2.12K Feb 21, 2022 Common Stock 9.56 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.
F2 Represents the fair market value of Norfolk Southern Corporation common stock on February 18, 2022. The dividend payable date of February 21, 2022, was a federal holiday, in which markets were closed.