SEC Form 4 · accession 0000073124-16-000315
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Gillian Pembleton
Officer — EVP, Human Resources
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 8:15 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 16, 2016 | F | 193 | $58.075 | D | 15,489 | D | |
| Common StockF3 | Feb 16, 2016 | A | 7,726 | $0.00 | A | 23,215 | D |
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 | 27,591 | A | — | Feb 16, 2026 | Common Stock | 27,591 | 27,591 | D |
Explanation of responses
- F1Includes 8,392 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F2On February 16, 2016, 193 shares were withheld in payment of taxes in conjunction with the vesting of 410 already reported stock units.
- F3Includes 16,118 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F4This option becomes exercisable in four equal annual installments beginning 2/16/2017.