SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
NORDSTROM PETER E
(Last) (First) (Middle)
C/O NORDSTROM, INC.
1617 SIXTH AVENUE
(Street)
SEATTLE WA 98101
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NORDSTROM INC [ JWN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/04/2004 M 10,000 A $29 992,654 D
Common Stock 03/04/2004 M 1,786 A $30.281 994,440 D
Common Stck 03/04/2004 M 2,342 A $23.094 996,782 D
Common Stock 03/04/2004 M 9,049 A $29 1,005,831 D
Common Stock 03/04/2004 M 2,106 A $25.688 1,007,937 D
Common Stock 03/04/2004 S 25,283 D $39.896 982,654 D
Common Stock 03/05/2004 M 262 A $29 982,916 D
Common Stock 03/05/2004 M 34,914 A $29 1,017,830 D
Common Stock 03/05/2004 M 14,824 A $21.25 1,032,654 D
Common Stock 03/05/2004 S 50,000 D $39.704 982,654 D
Common Stock 8,692 I By 401(k) Plan, per Plan statement dated 2/29/04
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $29 03/04/2004 M 10,000 ( 1 ) 02/26/2008 Common Stock 10,000 $0 0 D
Employee Stock Option (right to buy) $30.281 03/04/2004 M 1,786 ( 2 ) 11/18/2007 Common Stock 1,786 $0 0 D
Employee Stock Option (right to buy) $23.094 03/04/2004 M 2,342 ( 3 ) 05/20/2007 Common Stock 2,342 $0 0 D
Employee Stock Option (right to buy) $29 03/04/2004 M 9,049 ( 4 ) 02/26/2008 Common Stock 9,049 $0 0 D
Employee Stock Option (right to buy) $25.688 03/04/2004 M 2,106 ( 5 ) 05/21/2006 Common Stock 2,106 $0 0 D
Employee Stock Option (right to buy) $29 03/05/2004 M 262 ( 4 ) 02/26/2008 Common Stock 262 $0 0 D
Employee Stock Option (right to buy) $29 03/05/2004 M 34,914 ( 6 ) 02/26/2008 Common Stock 34,914 $0 0 D
Employee Stock Option (right to buy) $21.25 03/05/2004 M 14,824 ( 7 ) 02/22/2010 Common Stock 14,824 $0 0 D
Explanation of Responses:
1. The option vested and became exercisable in four equal annual installments commencing on 2/26/99.
2. The option vested and became exercisable in four equal annual installments commencing on 11/18/98.
3. The option vested and became exercisable in four equal annual installments commencing on 5/20/98.
4. The option vested and became exercisable when the Issuer's common stock sustained an average price for at least 20 consecutive days as follows: 20% at an average of $40; 55% at an average of $47.50; and 100% at an average of $55.
5. The option vested and became exercisable in four equal annual installments commencing on 5/21/97.
6. The option vested and became exercisable in four equal annual installments commencing on 2/26/99.
7. The option vested and became exercisable in four equal annual installments commencing on 2/22/01.
Remarks:
Duane E. Adams, Attorney-in-Fact for Peter E. Nordstrom 03/08/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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