SEC Form 4 · accession 0000073124-15-000162
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
Jun 10, 2015
Accepted (ET)
Jun 11, 2015 · 5:43 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 | Jun 10, 2015 | M | 13,395 | $63.36 | A | 210,829 | D | |
| Common StockF3,F1 | Jun 10, 2015 | S | 13,395 | $77.5004 | D | 197,434 | D | |
| Common StockF1 | Jun 11, 2015 | M | 21,710 | $63.36 | A | 219,144 | D | |
| Common StockF4,F1 | Jun 11, 2015 | S | 21,710 | $77.5523 | 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)F5 | $63.36 | Jun 10, 2015 | M | 13,395 | D | — | Feb 20, 2017 | Common Stock | 13,395 | 21,710 | D |
| Employee Stock Option (right-to-buy)F5 | $63.36 | Jun 11, 2015 | M | 21,710 | D | — | Feb 20, 2017 | Common Stock | 21,710 | 0 | 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.
- F3Price reflects the weighted average sales price from $77.50 to $77.51. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
- F4Price reflects the weighted average sales price from $77.50 to $77.62. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
- F5This option became exercisable in four equal annual installments beginning 2/20/2008.