SEC Form 4 · accession 0000073124-16-000425
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert P Browne
Officer — EVP & Chief Investment Officer
Period of report
Aug 8, 2016
Accepted (ET)
Aug 10, 2016 · 4:59 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 | Aug 8, 2016 | M | 11,455 | $43.65 | A | 61,006 | D | |
| Common StockF2,F1 | Aug 8, 2016 | S | 11,455 | $69.16 | D | 49,551 | 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)F3 | $43.65 | Aug 8, 2016 | M | 11,455 | D | — | Feb 13, 2022 | Common Stock | 11,455 | 0 | D |
Explanation of responses
- F1Includes 33,710 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 $69.06 to $69.26. 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 2/13/2013.