SEC Form 4 · accession 0000073124-16-000495

NORTHERN TRUST CORP · NTRS

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

Reporting owner

Officer — COO

Period of report

Nov 7, 2016

Accepted (ET)

Nov 9, 2016 · 8:22 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 Stock	Nov 7, 2016	M	17,481	$71.23	A	61,631	D
Common Stock^F1	Nov 7, 2016	M	19,200	$57.54	A	80,831	D
Common Stock^F3,F1	Nov 7, 2016	S	36,681	$73.08	D	44,150	D
Common Stock^F1	Nov 9, 2016	M	22,118	$71.23	A	66,268	D
Common Stock^F1	Nov 9, 2016	M	70,270	$57.54	A	136,538	D
Common Stock^F4,F1	Nov 9, 2016	S	52,118	$75.13	D	84,420	D
Common Stock^F1	Nov 9, 2016	S	40,270	$77.00	D	44,150	D
Common Stock	Nov 9, 2016	S	8,033	$75.00	D	21,028	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)^F5	$71.23	Nov 7, 2016	M	17,481	D	—	Feb 19, 2018	Common Stock	17,481	22,118	D
Employee Stock Option (right-to-buy)^F6	$57.54	Nov 7, 2016	M	19,200	D	—	Jul 21, 2019	Common Stock	19,200	70,270	D
Employee Stock Option (right-to-buy)^F5	$71.23	Nov 9, 2016	M	22,118	D	—	Feb 19, 2018	Common Stock	22,118	0	D
Employee Stock Option (right-to-buy)^F6	$57.54	Nov 9, 2016	M	70,270	D	—	Jul 21, 2019	Common Stock	70,270	0	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 $73.32. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F4Price reflects the weighted average sales price from $75.00 to $75.52. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F5This option became exercisable in four equal annual installments beginning 2/19/2009.
F6This option became exercisable in four equal annual installments beginning 7/21/2010.