SEC Form 4 · accession 0000073124-17-000104

NORTHERN TRUST CORP · NTRS

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

Reporting owner

Officer — Vice Chairman

Period of report

Feb 21, 2017

Accepted (ET)

Feb 23, 2017 · 7:15 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^F1	Feb 21, 2017	A	3,407	$0.00	A	137,146	D
Common Stock^F1	Feb 22, 2017	M	42,118	$71.23	A	179,264	D
Common Stock^F1	Feb 22, 2017	M	9,644	$70.21	A	188,908	D
Common Stock^F2,F1	Feb 22, 2017	S	51,762	$87.53	D	137,146	D
Common Stock	holding	—	—		—	1,200	I	By Spouse
Common Stock	holding	—	—		—	350	I	By Children
Common Stock	holding	—	—		—	2,549	I	401(k) as of 12-31-16

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right-to-buy)^F3	$88.06	Feb 21, 2017	A	15,486	A	—	Feb 21, 2027	Common Stock	15,486	15,486	D
Employee Stock Option (right-to-buy)^F4	$71.23	Feb 22, 2017	M	42,118	D	—	Feb 19, 2018	Common Stock	42,118	0	D
Employee Stock Option (right-to-buy)^F5	$70.21	Feb 22, 2017	M	9,644	D	—	Feb 17, 2025	Common Stock	9,644	28,931	D

F1Includes 76,135 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 $87.45 to $87.63. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F3This option becomes exercisable in four equal annual installments beginning 2/21/2018.
F4This option became exercisable in four equal annual installments beginning 2/19/2009.
F5This option becomes exercisable in four equal annual installments beginning on 2/17/2016.