SEC Form 4 · accession 0000073124-17-000245
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Teresa Parker
Officer — Executive Vice President
Period of report
Jul 21, 2017
Accepted (ET)
Jul 25, 2017 · 5:20 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 | Jul 21, 2017 | M | 11,399 | $52.64 | A | 43,452 | D | |
| Common StockF2,F1 | Jul 21, 2017 | S | 11,399 | $87.65 | D | 32,053 | D | |
| Common Stock | holding | — | — | — | 9,233 | I | 401(k) as of 6-30-17 |
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 | $52.64 | Jul 21, 2017 | M | 11,399 | D | Feb 14, 2012 | Feb 14, 2021 | Common Stock | 11,399 | 0 | D |
Explanation of responses
- F1Includes 7,793 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 $87.54 to $87.75. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
- F3This option became exercisable in four equal annual installments beginning 2/14/2012.