SEC Form 4 · accession 0000073124-17-000209
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
May 24, 2017
Accepted (ET)
May 26, 2017 · 5:21 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 | May 24, 2017 | M | 9,793 | $70.21 | A | 29,504 | D | |
| Common StockF2,F1 | May 24, 2017 | S | 9,793 | $88.29 | D | 19,711 | D | |
| Common Stock | holding | — | — | — | 1,923 | I | UK Employee Share Ownership Plan as of 3/31/2017 |
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 | $70.21 | May 24, 2017 | M | 9,793 | D | — | Feb 17, 2025 | Common Stock | 9,793 | 9,792 | 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 $88.17 to $88.46. 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 on February 17, 2016.