SEC Form 4 · accession 0000073124-16-000497

NORTHERN TRUST CORP · NTRS

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

Reporting owner

Officer — Chairman, President and CEO · Director

Period of report

Nov 7, 2016

Accepted (ET)

Nov 9, 2016 · 8:23 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	G	1,500	$0.00	D	72,342	I	By Trust
Common Stock^F1	Nov 7, 2016	M	70,808	$57.54	A	283,367	D
Common Stock^F1	Nov 7, 2016	M	32,406	$71.23	A	315,773	D
Common Stock^F3,F1	Nov 7, 2016	S	103,214	$73.31	D	212,559	D
Common Stock^F1	Nov 8, 2016	M	38,939	$71.23	A	251,498	D
Common Stock^F4,F1	Nov 8, 2016	S	38,939	$74.13	D	212,559	D
Common Stock^F1	Nov 9, 2016	M	53,107	$71.23	A	265,666	D
Common Stock^F1	Nov 9, 2016	S	100	$74.32	D	265,566	D
Common Stock^F5,F1	Nov 9, 2016	S	53,007	$75.20	D	212,559	D
Common Stock	holding	—	—		—	17,241	I	2014 GRAT
Common Stock	holding	—	—		—	39,690	I	2015 GRAT
Common Stock	holding	—	—		—	34,188	I	2016-1 GRAT
Common Stock	holding	—	—		—	29,087	I	2016-2 GRAT
Common Stock	holding	—	—		—	8,710	I	By Spouse
Common Stock	holding	—	—		—	34,264	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)^F6	$57.54	Nov 7, 2016	M	70,808	D	—	Jul 21, 2019	Common Stock	70,808	200,000	D
Employee Stock Option (right-to-buy)^F7	$71.23	Nov 7, 2016	M	32,406	D	—	Feb 19, 2018	Common Stock	32,406	92,046	D
Employee Stock Option (right-to-buy)^F7	$71.23	Nov 8, 2016	M	38,939	D	—	Feb 19, 2018	Common Stock	38,939	53,107	D
Employee Stock Option (right-to-buy)^F7	$71.23	Nov 9, 2016	M	53,107	D	—	Feb 19, 2018	Common Stock	53,107	0	D

F1Includes 212,439 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 $74.00. 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 $74.00 to $74.43. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F5Price reflects the weighted average sales price from $74.85 to $75.71. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F6This option became exercisable in four equal annual installments beginning 7/21/2010.
F7This option became exercisable in four equal annual installments beginning 2/19/2009.