SEC Form 4 · accession 0000073124-16-000533
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Cherecwich
Officer — EVP, Global Fund Services
Period of report
Nov 29, 2016
Accepted (ET)
Nov 30, 2016 · 7:11 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 29, 2016 | M | 4,419 | $67.89 | A | 34,957 | D | |
| Common StockF1 | Nov 29, 2016 | M | 5,792 | $71.23 | A | 40,749 | D | |
| Common StockF2,F1 | Nov 29, 2016 | S | 10,211 | $81.12 | D | 30,538 | 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 | $67.89 | Nov 29, 2016 | M | 4,419 | D | — | Jul 17, 2017 | Common Stock | 4,419 | 0 | D |
| Employee Stock Option (right-to-buy)F4 | $71.23 | Nov 29, 2016 | M | 5,792 | D | — | Feb 19, 2018 | Common Stock | 5,792 | 0 | D |
Explanation of responses
- F1Includes 16,547 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 $81.08 to $81.16. 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 7/17/2008.
- F4This option became exercisable in four equal annual installments beginning 2/19/2009.