SEC Form 4 · accession 0000073124-17-000188
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
Apr 26, 2017
Accepted (ET)
Apr 28, 2017 · 7:20 pm EDT
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 | Apr 26, 2017 | M | 28,469 | $52.69 | A | 72,069 | D | |
| Common StockF1 | Apr 26, 2017 | S | 28,469 | $92.00 | D | 43,600 | D | |
| Common Stock | Apr 28, 2017 | G | 293 | $0.00 | D | 26,730 | I | By Trust |
| Common Stock | holding | — | — | — | 7,329 | I | 2012 GRAT | |
| Common Stock | holding | — | — | — | 4,169 | I | 2015 GRAT | |
| Common Stock | holding | — | — | — | 12,612 | I | 2016 GRAT | |
| Common Stock | holding | — | — | — | 12,508 | I | 2017 GRAT | |
| Common Stock | holding | — | — | — | 10,031 | I | 401(k) as of 3-31-17 |
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 | $52.69 | Apr 26, 2017 | M | 28,469 | D | — | Feb 11, 2023 | Common Stock | 28,469 | 0 | D |
Explanation of responses
- F1Includes 43,600 shares representing stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F2This transaction was effected pursuant to a trading plan adopted in accordance with SEC Rule 10b5-1.
- F3This option becomes exercisable in four equal annual installments beginning 2/11/2014.