SEC Form 4 · accession 0000073124-15-000089
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey D. Cohodes
Officer — EVP/Chief Risk Officer
Period of report
Feb 24, 2015
Accepted (ET)
Feb 25, 2015 · 6:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000073124
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 24, 2015 | M | 3,000 | $63.36 | A | 55,328 | D | |
| Common StockF1 | Feb 24, 2015 | S | 3,000 | $71.60 | D | 52,328 | D | |
| Common Stock | holding | — | — | — | 3,818 | I | 401(k) as of 12-31-2014 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right-to-buy)F2 | $63.36 | Feb 24, 2015 | M | 3,000 | D | — | Feb 20, 2017 | Common Stock | 3,000 | 0 | D |
Explanation of responses
- F1Includes 20,484 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F2This option became exercisable in four equal annual installments beginning 2/20/2008.