0000072333-16-000233.txt : 20160304
0000072333-16-000233.hdr.sgml : 20160304
20160304145016
ACCESSION NUMBER: 0000072333-16-000233
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160229
FILED AS OF DATE: 20160304
DATE AS OF CHANGE: 20160304
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: 0128
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: Dennehy Brian
CENTRAL INDEX KEY: 0001526391
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15059
FILM NUMBER: 161484880
MAIL ADDRESS:
STREET 1: 3005 TASMAN DRIVE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
4/A
1
edgar.xml
PRIMARY DOCUMENT
X0306
4/A
2016-02-29
2016-03-02
0000072333
NORDSTROM INC
JWN
0001526391
Dennehy Brian
C/O NORDSTROM, INC.
1617 SIXTH AVENUE
SEATTLE
WA
98101
0
1
0
0
Executive Vice President
Common Stock
2016-02-29
4
A
0
4583
4583.00
A
17237
D
Performance Rights
2016-02-29
4
A
0
4384
0
A
2019-02-02
2019-02-02
Common Stock
4384
4384
D
This Form 4 is being amended to report the number of Restricted Stock Units granted, calculated pursuant to a formula approved by the Compensation Committee. The number was unknown at the time of the original filing on 3/2/2016.
Restricted Stock Award vesting in four equal annual installments commencing 2/28/2017. The number of RSUs awarded 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 is being amended to correct the number of Performance Rights granted by the Company on 2/29/2016. The number of units was incorrectly reported due to an administrative error. Each Performance Right represents a contingent right to receive one share of the Company's common stock. The number of Performance Rights that may be earned is based upon the Company's total shareholder return compared to the total shareholder return of companies in the Standard & Poor's 500 as composed on the first day of the performance cycle during the same period.
Paula McGee, Attorney-in-Fact for Brian K. Dennehy
2016-03-04