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Nordstrom Executive VP Exercises Options

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-09-03

NEW YORK (AP) -- An executive vice president of luxury retailer Nordstrom Inc. exercised options for 5,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

In a Form 4 filed with the SEC, James R. O'Neal reported he exercised options for the shares Friday for $19.56 apiece and then sold the same number of them the same day for $48.83 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Nordstrom is based in Seattle.

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