SEC Form 4 · accession 0000073124-17-000253
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
Aug 7, 2017
Accepted (ET)
Aug 7, 2017 · 7:04 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 | Aug 3, 2017 | G | 5,538 | $0.00 | D | 1,791 | I | 2012 GRAT |
| Common StockF1 | Aug 3, 2017 | G | 5,538 | $0.00 | A | 5,538 | I | By Child |
| Common StockF2 | Aug 7, 2017 | S | 5,538 | $88.33 | D | 0 | I | By Child |
| Common StockF1 | holding | — | — | — | 22,428 | I | By Trust | |
| Common StockF3 | holding | — | — | — | 43,600 | D | ||
| Common Stock | holding | — | — | — | 2,627 | I | 2015 GRAT | |
| Common Stock | holding | — | — | — | 12,612 | I | 2016 GRAT | |
| Common Stock | holding | — | — | — | 12,508 | I | 2017 GRAT | |
| Common Stock | holding | — | — | — | 10,018 | I | 401(k) as of 6-30-17 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 3, 2017, the reporting person's grantor retained annuity trust ("GRAT") distributed 1,791 shares of the Corporation's common stock to the reporting person's existing revocable trust as an annuity payment. On such date 5,538 shares also were distributed to the reporting person's child. Each distribution was made in accordance with the terms of the GRAT instrument.
- F2Price reflects the weighted average sales price from $88.17 to $88.58. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
- F3Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.