0000072333-15-000016.txt : 20150226
0000072333-15-000016.hdr.sgml : 20150226
20150226164803
ACCESSION NUMBER: 0000072333-15-000016
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150224
FILED AS OF DATE: 20150226
DATE AS OF CHANGE: 20150226
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NORDSTROM INC
CENTRAL INDEX KEY: 0000072333
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651]
IRS NUMBER: 910515058
STATE OF INCORPORATION: WA
FISCAL YEAR END: 0130
BUSINESS ADDRESS:
STREET 1: 1617 SIXTH AVENUE
CITY: SEATTLE
STATE: WA
ZIP: 98101-4407
BUSINESS PHONE: 2066282111
MAIL ADDRESS:
STREET 1: 1617 SIXTH AVENUE
CITY: SEATTLE
STATE: WA
ZIP: 98101
FORMER COMPANY:
FORMER CONFORMED NAME: NORDSTROM BEST INC
DATE OF NAME CHANGE: 19730611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NORDSTROM ERIK B
CENTRAL INDEX KEY: 0001183469
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15059
FILM NUMBER: 15653277
MAIL ADDRESS:
STREET 1: C/O NORDSTROM INC
STREET 2: 1617 SIXTH AVE
CITY: SEATTLE
STATE: WA
ZIP: 98101
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2015-02-24
0000072333
NORDSTROM INC
JWN
0001183469
NORDSTROM ERIK B
C/O NORDSTROM, INC.
1617 SIXTH AVENUE
SEATTLE
WA
98101
1
1
0
0
Executive Vice President
Common Stock
2015-02-24
4
A
0
0
0
A
2257670
D
Common Stock
20052.02
I
By 401(k) Plan, per Plan statement dated 1/31/2015.
Common Stock
42276
I
By wife
Common Stock
32424
I
By self as trustee for benefit of child
Common Stock
28232
I
By self as trustee for benefit of child
Common Stock
24160
I
By self as trustee for benefit of child
Employee Stock Option (right to buy)
80.56
2015-02-24
4
A
0
0
0
A
2025-02-24
Common Stock
0
0
D
Restricted Stock Award vesting and exercisable in four equal installments commencing 2/24/2016. The number of Restricted Stock Units ("RSUs") granted are not known at this time. The number of RSUs to be awarded to each individual is a function of base pay, a long-term incentive (LTI) percentage and the fair value of an RSU. The fair value of an RSU is calculated as the stock price as of the effective date less the present value of Company stock dividends over the vesting period. This calculation requires the input of certain assumptions, including the risk-free interest rate and the expected Company stock dividends. The formula for determining the number of RSUs granted is: number of RSUs = (base pay x LTI%) / RSU fair value. This Form 4 will be amended to report the number of RSUs granted when the number has been calculated.
The number of options granted is not known at this time. The number is calculated as a function of base pay, a long-term incentive (LTI) percentage and the fair value of the option. The Binomial Lattice option valuation model will be used to estimate the fair value of the option. This model requires the input of certain assumptions, including risk-free interest rate, volatility, dividend yield, and expected life. The formula for determining the number of options granted is: number of options = (base pay x LTI%)/option fair value. This Form 4 will be amended to report the number of options granted when that number has been calculated.
Granted under the issuer's 2010 Equity Incentive Plan, exercisable in four equal installments commencing on 2/24/2016.
Paula McGee, Attorney-in-Fact for Erik B. Nordstrom
2015-02-26