SEC Form 4 · accession 0000073124-16-000486

NORTHERN TRUST CORP · NTRS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — COO

Period of report

Nov 3, 2016

Accepted (ET)

Nov 4, 2016 · 6:32 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 Stock^F1	Nov 3, 2016	M	2,519	$71.23	A	46,669	D
Common Stock^F1	Nov 3, 2016	M	800	$57.54	A	47,469	D
Common Stock^F3,F1	Nov 3, 2016	S	3,319	$73.01	D	44,150	D
Common Stock	holding	—	—		—	29,061	I	By Trust
Common Stock	holding	—	—		—	7,329	I	2012 GRAT
Common Stock	holding	—	—		—	4,169	I	2015 GRAT
Common Stock	holding	—	—		—	15,577	I	2016 GRAT
Common Stock	holding	—	—		—	10,055	I	401(k) as of 9-30-16

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	$71.23	Nov 3, 2016	M	2,519	D	—	Feb 19, 2018	Common Stock	2,519	39,599	D
Employee Stock Option (right-to-buy)^F5	$57.54	Nov 3, 2016	M	800	D	—	Jul 21, 2019	Common Stock	800	89,470	D

F1Includes 44,150 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F2This transaction was effected pursuant to a trading plan adopted in accordance with SEC Rule 10b5-1.
F3Price reflects the weighted average sales price from $73.00 to $73.04. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F4This option became exercisable in four equal annual installments beginning 2/19/2009.
F5This option became exercisable in four equal annual installments beginning 7/21/2010.