SEC Form 4 · accession 0000073124-16-000311
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wilson Leech
Officer — Executive Vice President
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 8:14 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 | Feb 16, 2016 | A | 4,465 | $0.00 | A | 29,573 | D | |
| Common StockF2,F3 | Feb 16, 2016 | F | 2,369 | $58.075 | D | 27,204 | D | |
| Common Stock | holding | — | — | — | 379 | I | UK Employee Stock Ownership Plan |
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 | $58.25 | Feb 16, 2016 | A | 3,066 | A | — | Feb 16, 2026 | Common Stock | 3,066 | 3,066 | D |
Explanation of responses
- F1Includes 18,628 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F2Includes 16,259 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F3On February 16, 2016, 2,369 shares were withheld in payment of taxes in conjunction with the vesting of 5,038 stock units.
- F4This option becomes exercisable in four equal annual installments beginning 2/16/2017.