SEC Form 4 · accession 0000073124-15-000156
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick H Waddell
Officer — Chairman and CEO · Director
Period of report
May 5, 2015
Accepted (ET)
May 5, 2015 · 5:09 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 | May 5, 2015 | M | 20,000 | $63.36 | A | 217,434 | D | |
| Common StockF1 | May 5, 2015 | S | 20,000 | $75.00 | D | 197,434 | D | |
| Common Stock | holding | — | — | — | 96,587 | I | By Trust | |
| Common Stock | holding | — | — | — | 33,500 | I | 2013 GRAT | |
| Common Stock | holding | — | — | — | 15,169 | I | 2014 GRAT | |
| Common Stock | holding | — | — | — | 54,800 | I | 2015 GRAT | |
| Common Stock | holding | — | — | — | 8,710 | I | By Spouse | |
| Common Stock | holding | — | — | — | 33,256 | I | 401(k) as of 3-31-2015 |
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)F3 | $63.36 | May 5, 2015 | M | 20,000 | D | — | Feb 20, 2017 | Common Stock | 20,000 | 35,105 | D |
Explanation of responses
- F1Includes 197,314 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F2This transaction was effected pursuant to a trading plan adopted in accordance with SEC Rule 10b5-1.
- F3This option became exercisable in four equal annual installments beginning 2/20/2008.