SEC Form 4 · accession 0000073124-15-000188
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Morrison
Officer — President
Period of report
Jul 30, 2015
Accepted (ET)
Jul 31, 2015 · 4:33 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 | Jul 30, 2015 | M | 58,836 | $50.99 | A | 219,492 | D | |
| Common StockF1 | Jul 30, 2015 | M | 20,046 | $43.65 | A | 239,538 | D | |
| Common StockF2,F1 | Jul 30, 2015 | S | 78,882 | $77.1448 | D | 160,656 | D | |
| Common Stock | holding | — | — | — | 1,200 | I | By Spouse | |
| Common Stock | holding | — | — | — | 350 | I | By Children | |
| Common Stock | holding | — | — | — | 2,547 | I | 401(k) as of 6/30/14 |
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 | $50.99 | Jul 30, 2015 | M | 58,836 | D | — | Feb 15, 2020 | Common Stock | 58,836 | 0 | D |
| Employee Stock Option (right-to-buy)F4 | $43.65 | Jul 30, 2015 | M | 20,046 | D | — | Feb 13, 2022 | Common Stock | 20,046 | 20,046 | D |
Explanation of responses
- F1Includes 59,136 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F2Price reflects the weighted average sales price from $76.85 to $77.37. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
- F3This option became exercisable in four equal annual installments beginning 2/15/2011.
- F4This option becomes exercisable in four equal annual installments beginning 2/13/2013.