SEC Form 4 · accession 0000073124-17-000047
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joyce St Clair
Officer — Executive Vice President
Period of report
Feb 9, 2017
Accepted (ET)
Feb 9, 2017 · 7:33 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 | Feb 9, 2017 | M | 56,991 | $52.64 | A | 89,951 | D | |
| Common StockF2,F1 | Feb 9, 2017 | S | 56,991 | $85.08 | D | 32,960 | D | |
| Common Stock | holding | — | — | — | 26,182 | I | By Trust | |
| Common Stock | holding | — | — | — | 13,215 | I | 2015 GRAT | |
| Common Stock | holding | — | — | — | 16,840 | I | 2016 GRAT | |
| Common Stock | holding | — | — | — | 5,105 | I | 401(k) as of 12-31-16 |
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 | $52.64 | Feb 9, 2017 | M | 56,991 | D | — | Feb 14, 2021 | Common Stock | 56,991 | 0 | D |
Explanation of responses
- F1Includes 32,960 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 $85.00 to $85.24. 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 2/14/2012.