Ken Worzel - Mar 10, 2025 Form 4 Insider Report for NORDSTROM INC (JWN)

Signature
Brian B. DeFoe, Attorney-in-Fact for Ken Worzel
Stock symbol
JWN
Transactions as of
Mar 10, 2025
Transactions value $
-$620,537
Form type
4
Date filed
3/12/2025, 04:57 PM
Previous filing
Mar 10, 2025
Next filing
Mar 27, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JWN Common Stock Award $1.05M +43.2K +16.48% $24.42 305K Mar 10, 2025 Direct F1
transaction JWN Common Stock Tax liability -$391K -16K -5.24% $24.42 289K Mar 10, 2025 Direct F2
transaction JWN Common Stock Tax liability -$230K -9.42K -3.26% $24.42 280K Mar 10, 2025 Direct F3
holding JWN Common Stock 5.7K Mar 10, 2025 By 401(k) Plan, per Plan statement dated 2/28/2025

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 JWN Performance Share Units Options Exercise -$1.05M -43.2K -100% $24.42 0 Mar 10, 2025 Common Stock 43.2K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Performance Share Units to shares. This transaction is exempt pursuant to Rule 16b-3(e) of the Exchange Act.
F2 Represents shares withheld to satisfy the tax obligation in connection with the vesting of PSUs. The transaction is exempt pursuant to Rule 16b-3(e) of the '34 Act.
F3 Represents shares withheld to satisfy the tax obligation in connection with the vesting of RSUs. The transaction is exempt pursuant to Rule 16b-3(e) of the '34 Act.
F4 Performance Share Units convert into common stock on a one-for-one basis.