X0306 4 2016-01-28 0000702165 NORFOLK SOUTHERN CORP NSC 0001590856 Hurlbut Thomas E THREE COMMERCIAL PLACE NORFOLK VA 23510 1 Vice President and Controller Common Stock 2016-01-28 4 A 0 2590.0000 0.0000 A 13737.0000 D Common Stock 2016-01-28 4 F 0 866.0000 70.3200 D 12871.0000 D Option (right to buy, granted 2016) 70.3200 2016-01-28 4 A 0 4140.0000 A 2020-01-28 2026-01-27 Common Stock 4140.0000 4140.0000 D Restricted Stock Units 2016-01-28 4 A 0 980.0000 A 2021-01-28 2021-01-28 Common Stock 980.0000 980.0000 D Respresents shares earned by the reporting person under the formula-based performance share feature of the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan) 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). 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, 2016, 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 on January 28, 2021. Denise W. Hutson via POA for Thomas E. Hurlbut 2016-02-01