DePree Alexis bought JWN
March 6, 2025 · Form 4 insider transaction
DePree Alexis bought 45,019 shares of Nordstrom, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Each Performance Share Unit (PSU) represents a contingent right to receive 1 share of the Company's common stock. The PSUs may be earned over a 3-year period from FY 2025 through FY 2027, depending on the achievement of certain metrics. The percentage of PSUs that will actually be earned at the end of each year within the 3-year period is based upon the achievement of pre-established performance measures that year. One third of the total target number of PSUs will be allocated to three separate 1-year performance cycles. The minimum percentage of PSUs that can be earned at the end of each year is 0% and the maximum is 175% based on achievement of pre-established performance measures at the end of each year. The total percentage of PSUs that can be earned at the end of the 3-year period ranges from 0%-175%.