SEC Form 4 · accession 0000073124-17-000109
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 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 | 5,749 | $0.00 | A | 29,855 | D | |
| Common Stock | holding | — | — | — | 30,989 | 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)F2 | $88.06 | Feb 21, 2017 | A | 26,132 | A | — | Feb 21, 2027 | Common Stock | 26,132 | 26,132 | 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.