SEC Form 4 · accession 0000073124-17-000105
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael O'Grady
Officer — President · Director
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 StockF1 | Feb 21, 2017 | A | 8,943 | $0.00 | A | 89,471 | 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)F2 | $88.06 | Feb 21, 2017 | A | 40,649 | A | — | Feb 21, 2027 | Common Stock | 40,649 | 40,649 | D |
Explanation of responses
- F1Includes 29,830 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F2This option becomes exercisable in four equal annual installments beginning 2/21/2018.