SEC Form 4 · accession 0000073124-15-000141
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven L Fradkin
Officer — President/Wealth Management
Period of report
Feb 2, 2015
Accepted (ET)
Apr 24, 2015 · 6:29 pm EDT
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 2, 2015 | S | 540 | $66.615 | D | 9,427 | I | 401(k) |
| Common StockF2 | Apr 22, 2015 | M | 20,123 | $63.36 | A | 63,839 | D | |
| Common StockF2 | Apr 22, 2015 | S | 20,123 | $72.95 | D | 43,716 | D | |
| Common Stock | holding | — | — | — | 94,591 | I | By Trust | |
| Common Stock | holding | — | — | — | 1,762 | I | Spouse as trustee for Daughter | |
| Common Stock | holding | — | — | — | 1,762 | I | Spouse as trustee for Son |
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)F4 | $63.36 | Apr 22, 2015 | M | 20,123 | D | — | Feb 20, 2017 | Common Stock | 20,123 | 20,124 | D |
Explanation of responses
- F1Reflects shares as of 3/31/2015.
- F2Includes 43,716 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F3This transaction was effected pursuant to a trading plan adopted in accordance with SEC Rule 10b5-1.
- F4This option became exercisable in four equal annual installments beginning 2/20/2008.