SEC Form 4 · accession 0000073124-16-000283
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen N Potter
Officer — President / Asset Management
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 6:32 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,F2 | Feb 11, 2016 | F | 2,169 | $55.155 | D | 36,361 | D | |
| Common StockF1 | holding | — | — | — | 25,368 | I | By Trust | |
| Common Stock | holding | — | — | — | 30,000 | I | GRAT | |
| Common Stock | holding | — | — | — | 1,270 | I | Spouse as Trustee for Son | |
| Common Stock | holding | — | — | — | 1,270 | I | Spouse as Trustee for Daughter | |
| Common Stock | holding | — | — | — | 8,332 | I | 401(k) as of 12-31-2015 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 11, 2016, 4,745 already reported stock units, granted on February 11, 2013, vested. Of this amount, 2,169 were withheld in payment of Federal, State and Medicare taxes and the remaining 2,576 were distributed to the reporting person as shares of common stock and transferred to the reporting person's existing trust account.
- F2Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.