SEC Form 4 · accession 0000073124-17-000108
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jana R Schreuder
Officer — COO
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 7:16 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 | 8,304 | $0.00 | A | 43,600 | D | |
| Common Stock | holding | — | — | — | 24,058 | I | By Trust | |
| Common Stock | holding | — | — | — | 7,329 | I | 2012 GRAT | |
| Common Stock | holding | — | — | — | 4,169 | I | 2015 GRAT | |
| Common Stock | holding | — | — | — | 15,577 | I | 2016 GRAT | |
| Common Stock | holding | — | — | — | 12,508 | I | 2017 GRAT | |
| Common Stock | holding | — | — | — | 10,031 | 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)F2 | $88.06 | Feb 21, 2017 | A | 37,746 | A | — | Feb 21, 2027 | Common Stock | 37,746 | 37,746 | D |
Explanation of responses
- F1Represents 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.