UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) August 27, 2007
NORDSTROM, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
WASHINGTON 001-15059 91-0515058
(STATE OR OTHER JURISDICTION (COMMISSION FILE (I.R.S. EMPLOYER
OF INCORPORATION) NUMBER) IDENTIFICATION NO.)
1617 SIXTH AVENUE, SEATTLE, WASHINGTON 98101
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (206) 628-2111
INAPPLICABLE
(FORMER NAME OR FORMER ADDRESS IF CHANGED SINCE LAST REPORT)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2 below):
___ Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
___ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
___ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
___ Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01 Other Events
On August 27, 2007, Erik B. Nordstrom, President of Stores, and Peter E.
Nordstrom, President - Merchandising, each adopted a stock trading plan in
accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as
amended. Under Rule 10b5-1, directors, officers and other employees who are
not in possession of material non-public information may adopt a pre-arranged
plan or contract for the sale of Company securities under specified conditions
and at specified times. Using these 10b5-1 plans, individuals can gradually
diversify their investment portfolios, spread stock trades out over an
extended period of time to reduce market impact and avoid concerns about
transactions occurring at a time when they might possess material non-public
information.
Erik Nordstrom and Peter Nordstrom adopted a 10b5-1 plan as part of their
individual long-term asset diversification, tax and financial planning
strategy as follows:
- On August 27, 2007, Erik Nordstrom adopted his 10b5-1 plan which provides
for the sale of up to a total of 20,000 shares to be acquired through the
exercise of his stock options scheduled to expire in February 2008 if not
exercised prior to the options' expiration dates. Shares will be sold under
Erik Nordstrom's plan on the open market at prevailing market prices and
subject to minimum price thresholds specified in his plan.
- On August 27, 2007, Peter Nordstrom adopted his 10b5-1 plan which provides
for the sale of up to a total of 25,000 shares to be acquired through the
exercise of his stock options scheduled to expire in February 2008 if not
exercised prior to the options' expiration dates. Shares will be sold under
Peter Nordstrom's plan on the open market at prevailing market prices and
subject to minimum price thresholds specified in his plan.
Transactions under these plans will be reported to the Securities and Exchange
Commission in accordance with applicable securities laws, rules and
regulations. Nordstrom, Inc. does not undertake to report Rule 10b5-1 plans
that may be adopted by any officers or directors in the future, or to report
any modifications or termination of any publicly announced trading plan,
except to the extent required by law.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
NORDSTROM, INC.
By: /s/ Lisa G. Iglesias
-----------------------
Lisa G. Iglesias
Executive Vice President,
General Counsel and Corporate
Secretary
Dated: August 27, 2007