SEC Form 4 · accession 0000073124-17-000297
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joyce St Clair
Officer — Executive Vice President
Period of report
Oct 18, 2017
Accepted (ET)
Oct 20, 2017 · 4:37 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 | Oct 18, 2017 | M | 7,665 | $58.25 | A | 37,520 | D | |
| Common StockF1 | Oct 18, 2017 | S | 7,665 | $95.00 | D | 29,855 | D | |
| Common Stock | holding | — | — | — | 21,939 | I | By Trust | |
| Common Stock | holding | — | — | — | 7,692 | I | 2015 GRAT | |
| Common Stock | holding | — | — | — | 5,101 | I | 401(k) as of 9-30-17 |
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 | $58.25 | Oct 18, 2017 | M | 7,665 | D | — | Feb 16, 2026 | Common Stock | 7,665 | 22,992 | D |
Explanation of responses
- F1Includes 29,855 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 2/16/2017.