SEC Form 4 · accession 0000073124-16-000529
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wilson Leech
Officer — Executive Vice President
Period of report
Nov 4, 2016
Accepted (ET)
Nov 28, 2016 · 6:10 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 | Nov 4, 2016 | M | 10,142 | $50.99 | A | 37,346 | D | |
| Common StockF1 | Nov 4, 2016 | S | 10,142 | $72.52 | D | 27,204 | D | |
| Common StockF1 | Nov 28, 2016 | M | 11,399 | $52.64 | A | 38,603 | D | |
| Common StockF2,F1 | Nov 28, 2016 | S | 11,399 | $81.01 | D | 27,204 | D | |
| Common Stock | holding | — | — | — | 423 | I | UK Employee Stock Ownership Plan as of 9-30-16 |
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 | $50.99 | Nov 4, 2016 | M | 10,142 | D | — | Feb 15, 2020 | Common Stock | 10,142 | 0 | D |
| Employee Stock Option (right-to-buy)F4 | $52.64 | Nov 28, 2016 | M | 11,399 | D | — | Feb 14, 2021 | Common Stock | 11,399 | 0 | D |
Explanation of responses
- F1Includes 11,077 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 $80.84 to $81.12. 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 2/15/2011.
- F4This option became exercisable in four equal annual installments beginning 2/14/2012.