0000072333-17-000012.txt : 20170228
0000072333-17-000012.hdr.sgml : 20170228
20170228183055
ACCESSION NUMBER: 0000072333-17-000012
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170224
FILED AS OF DATE: 20170228
DATE AS OF CHANGE: 20170228
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: Deputy Christine
CENTRAL INDEX KEY: 0001522674
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15059
FILM NUMBER: 17650129
MAIL ADDRESS:
STREET 1: 130 ROYALL STREET
CITY: CANTON
STATE: MA
ZIP: 02021
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2017-02-24
0000072333
NORDSTROM INC
JWN
0001522674
Deputy Christine
C/O NORDSTROM, INC.
1617 SIXTH AVENUE
SEATTLE
WA
98101
0
1
0
0
Executive Vice President
Common Stock
2017-02-28
4
A
0
0
0
A
54417
D
Common Stock
2016-02-29
4
A
0
5347
0
A
54417
D
Employee Stock Option (right to buy)
46.66
2017-02-28
4
A
0
0
0
A
2027-02-28
Common Stock
0
0
D
Employee Stock Option (right to buy)
51.32
2016-02-29
4
A
0
33300
0
A
2026-02-28
Common Stock
33300
33300
D
Restricted Stock Award vesting in four equal annual installments commencing 3/10/2018. The number of Restricted Stock Units ("RSUs") granted are not known at this time. The number of RSUs to be 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 will be amended to report the number of RSUs granted when the number has been calculated.
Includes 244 shares acquired on 9/30/2016 under the Employee Stock Purchase Plan.
Originally reported on 3/2/2016, the Restricted Stock Award is corrected to update the vesting to reflect four equal equal annual installments to commencing on 3/10/2017.
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 annual installments commencing on 3/10/2018.
Originally reported on 3/2/2016, the option is corrected to update the vesting to reflect four equal annual installments commencing on 3/10/2017.
Paula McGee, Attorney-in-Fact for Christine Deputy
2017-02-28