PETER E. NORDSTROM - 04 Dec 2024 Form 4 Insider Report for NORDSTROM INC (JWN)

Role
Pres. & Chief Brand Officer, Director, Member of 10% Owner Group
Signature
/s/ Charles W. Riley, Jr., as Attorney-in-Fact for Peter E. Nordstrom
Issuer symbol
JWN
Transactions as of
04 Dec 2024
Transactions value $
-$130,362
Form type
4
Filing time
06 Dec 2024, 20:41:20 UTC
Previous filing
13 Sep 2024
Next filing
10 Mar 2025
SEC
View on sec.gov
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JWN Common Stock Award $130K +5.43K +0.21% $23.99 2.58M 04 Dec 2024 Direct F3
transaction JWN Common Stock Tax liability -$130K -5.43K -0.21% $23.99 2.58M 04 Dec 2024 Direct F4
holding JWN Common Stock 39.1K 04 Dec 2024 By 401(k) Plan, per Plan statement dated 10/30/2024
holding JWN Common Stock 524 04 Dec 2024 By wife 401 (k) Plan, per Plan statement dated 10/30/2024
holding JWN Common Stock 176K 04 Dec 2024 By wife.
holding JWN Common Stock 24.5K 04 Dec 2024 By self as trustee for benefit of child F1
holding JWN Common Stock 24.5K 04 Dec 2024 By self as trustee for benefit of second child F1
holding JWN Common Stock 6.94M 04 Dec 2024 By self as trustee of FWN Trust F1
holding JWN Common Stock 1.56M 04 Dec 2024 By self as trustee of EN Trust F1
holding JWN Common Stock 47.5K 04 Dec 2024 By self as trustee F2

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 -$15.8K -658 -0.95% $23.99 68.7K 04 Dec 2024 Common Stock 658 Direct F5, F6
transaction JWN Performance Share Units Options Exercise -$21.7K -905 -0.94% $23.99 95.4K 04 Dec 2024 Common Stock 905 Direct F5, F6
transaction JWN Restricted Stock Units Options Exercise -$92.9K -3.87K -3.73% $23.99 99.9K 04 Dec 2024 Common Stock 3.87K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held in trust with Reporting Person as trustee.
F2 Shares are held in trust with Reporting Person as trustee. The Reporting Person disclaims beneficial ownership of the securities held within this trust. This Form 4 shall not be deemed an admission that the reporting person is the beneficial owner of the securities held within this trust for purposes of Section 16 or for any other purpose.
F3 Represents shares acquired as a result of conversion of Performance Share Units and Restricted Stock Units described in Footnote 6 to this Form 4, which shares were simultaneously forfeited to pay the reporting person's federal, state and Federal Insurance Contributions Act ("FICA") tax. This transaction is exempt pursuant to Rule 16b-3(d) of the Exchange Act.
F4 Represents shares forfeited following conversion of Performance Share Units and Restricted Stock Units, described in Footnote 6 to this Form 4, to pay the reporting person's FICA tax. This transaction is exempt pursuant to Rule 16b-3(e) of the Exchange Act.
F5 Performance Share Units and Restricted Stock Units convert into common stock on a one-for-one basis.
F6 Represents the conversion of Performance Share Units and Restricted Stock Units to shares in order to allow for the satisfaction of a FICA tax obligation arising from the reporting person being eligible for retirement under the underlying award. This transaction is exempt pursuant to Rule 16b-3(e) of the Exchange Act.