SEC Form 4 · accession 0000073124-17-000222
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen N Potter
Officer — President / Asset Management
Period of report
Jun 19, 2017
Accepted (ET)
Jun 21, 2017 · 5:36 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 | Jun 19, 2017 | M | 48,110 | $43.65 | A | 91,023 | D | |
| Common StockF3,F1 | Jun 19, 2017 | S | 48,110 | $95.20 | D | 42,913 | D | |
| Common Stock | holding | — | — | — | 50,671 | I | By Trust | |
| Common Stock | holding | — | — | — | 15,845 | I | GRAT | |
| Common Stock | holding | — | — | — | 1,270 | I | Spouse as Trustee for Daughter | |
| Common Stock | holding | — | — | — | 1,270 | I | Spouse as Trustee for Son | |
| Common Stock | holding | — | — | — | 8,327 | I | 401(k) 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)F4 | $43.65 | Jun 19, 2017 | M | 48,110 | D | — | Feb 13, 2022 | Common Stock | 48,110 | 0 | D |
Explanation of responses
- F1Includes 42,913 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.
- F3Price reflects the weighted average sales price from $95.00 to $95.62. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
- F4This option became exercisable in four equal annual installments beginning 2/13/2013.