Erik B. Nordstrom - Mar 10, 2025 Form 4 Insider Report for NORDSTROM INC (JWN)

Signature
/s/ Charles W. Riley, Jr., as Attorney-in-Fact for Erik B. Nordstrom
Stock symbol
JWN
Transactions as of
Mar 10, 2025
Transactions value $
-$613,211
Form type
4
Date filed
3/12/2025, 08:06 PM
Previous filing
Mar 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JWN Common Stock Options Exercise $1.25M +51.1K +1.84% $24.42 2.82M Mar 10, 2025 Direct F1
transaction JWN Common Stock Tax liability -$613K -25.1K -0.89% $24.42 2.8M Mar 10, 2025 Direct F2
holding JWN Common Stock 0 Mar 10, 2025 By 401(k) Plan, per Plan statement dated 01/31/2025
holding JWN Common Stock 42.6K Mar 10, 2025 By wife
holding JWN Common Stock 6.94M Mar 10, 2025 By self as trustee of FWN Trust F3
holding JWN Common Stock 1.56M Mar 10, 2025 By self as trustee of EN Trust F3
holding JWN Common Stock 3.4K Mar 10, 2025 By self as trustee F4
holding JWN Common Stock 3.4K Mar 10, 2025 By self as trustee F4
holding JWN Common Stock 193K Mar 10, 2025 By self as trustee F4

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 -$1.25M -51.1K -72.46% $24.42 19.4K Mar 10, 2025 Common Stock 51.1K Direct F5, F6
transaction JWN Performance Share Units Disposed to Issuer $0 -19.4K -100% $0.00 0 Mar 10, 2025 Common Stock 19.4K Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired as a result of the conversion of Performance Share Units to shares. This transaction is exempt pursuant to Rule 16b-3(d) of the Exchange Act.
F2 Represents shares withheld to satisfy the tax obligation in connection with the vesting of RSUs and PSUs. The transaction is exempt pursuant to Rule 16b-3(e) of the Exchange Act.
F3 Shares are held in trust with Reporting Person as trustee.
F4 Shares are held in trust with Reporting Person as trustee. The Reporting Person disclaims beneficial ownership of the securities held within these trusts. This Form 4 shall not be deemed an admission that the reporting person is the beneficial owner of the securities held within these trusts for purposes of Section 16 or for any other purpose.
F5 Performance Share Units convert into common stock on a one-for-one basis.
F6 Represents the conversion of Performance Share Units to shares. This transaction is exempt pursuant to Rule 16b-3(e) of the Exchange Act.
F7 Disposition represents forfeiture of Performance Share Units previously made to the reporting person based on the Board's determination that a percentage of the performance targets were not met.