SEC Form 4 · accession 0000073124-17-000106
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Gillian Pembleton
Officer — EVP/Human Resources
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 | 4,600 | $0.00 | A | 19,711 | D | |
| Common Stock | Feb 23, 2017 | M | 6,898 | $58.25 | A | 26,609 | D | |
| Common StockF2 | Feb 23, 2017 | S | 6,898 | $87.44 | D | 19,711 | D | |
| Common Stock | holding | — | — | — | 1,915 | I | UK Employee Share Ownership Plan as of 12/31/2016 |
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 | $88.06 | Feb 21, 2017 | A | 20,906 | A | — | Feb 21, 2027 | Common Stock | 20,906 | 20,906 | D |
| Employee Stock Option (right-to-buy)F4 | $58.25 | Feb 23, 2017 | M | 6,898 | D | — | Feb 16, 2026 | Common Stock | 6,898 | 20,693 | D |
Explanation of responses
- F1Includes 18,921 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 $87.3596 to $87.50. 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 becomes exercisable in four equal annual installments beginning 2/16/2017.