Form 4 for NSC Norfolk Southern
Accepted 2022-01-31 00:00:00 ET · period of report 2022-01-27 · accession 0001225208-22-001220 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-01-31 | 2022-01-28 | NSC | Elkins Claude E | EVP, CMO | M - OptEx | $0.00 | +534 | 858 | +165% | $0 |
| DM | 2022-01-31 | 2022-01-28 | NSC | Elkins Claude E | EVP, CMO | F - Tax | $268.22 | -149 | 1,036 | -13% | -$40.0K |
| DM | 2022-01-31 | 2022-01-28 | NSC | Elkins Claude E | EVP, CMO | M - OptEx | — | -534 | 1,813 | -23% | — |
| DM | 2022-01-31 | 2022-01-27 | NSC | Elkins Claude E | EVP, CMO | A - Grant | — | +19.5K | 2,060 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-28 | M | A | 247 | $0.00 | 1,105 | D | — | — | (F2) Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments. |
| 2 | Common | Common Stock | 2022-01-28 | M | A | 287 | $0.00 | 858 | D | — | — | (F1) Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments. |
| 3 | Common | Common Stock | 2022-01-28 | F | D | 80 | $268.22 | 956 | D | — | — | |
| 4 | Common | Common Stock | 2022-01-28 | F | D | 69 | $268.22 | 1,036 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2022-01-28 | M | D | 287 | — | 1,526 | D | — · — to — | 287 Common Stock | (F1) Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments. |
| 6 | Derivative | Option (right to buy, granted 2022) | 2022-01-27 | A | A | 14,360 | — | 14,360 | D | $298.08 · 2023-01-27 to 2032-01-26 | 14,360 Common Stock | (F4) Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan). These options vest ratably in four annual installments beginning on the first anniversary of the grant date. The exercise price for this option reflects a 10% premium above the normal exercise price for options granted on this date. |
| 7 | Derivative | Option (right to buy, granted 2022) | 2022-01-27 | A | A | 3,050 | — | 3,050 | D | $270.98 · 2026-01-27 to 2032-01-26 | 3,050 Common Stock | (F5) Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan). |
| 8 | Derivative | Restricted Stock Units | 2022-01-27 | A | A | 2,060 | — | 2,060 | D | — · — to — | 2,060 Common Stock | (F6) Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 27, 2022, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. |
| 9 | Derivative | Restricted Stock Units | 2022-01-28 | M | D | 247 | — | 1,813 | D | — · — to — | 247 Common Stock | (F2) Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments. |