SEC Form 4 · accession 0000073124-17-000307
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L Morrison
Officer — Vice Chairman
Period of report
Oct 20, 2017
Accepted (ET)
Oct 25, 2017 · 8:16 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,F2 | Oct 20, 2017 | F | 7,251 | $95.62 | D | 104,895 | D | |
| Common StockF3,F2 | Oct 25, 2017 | S | 11,058 | $94.34 | D | 93,837 | D | |
| Common Stock | holding | — | — | — | 1,200 | I | By Spouse | |
| Common Stock | holding | — | — | — | 350 | I | By Children | |
| Common Stock | holding | — | — | — | 2,547 | I | 401(k) as of 9-30-17 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 20, 2017, 18,309 already reported stock units vested. Of this amount, 7,251 were withheld in payment of Federal, State and Medicare taxes and the remaining 11,058 were distributed to the reporting person as shares of common stock.
- F2Includes 57,826 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F3Price reflects the weighted average sales price from $94.32 to $94.39. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.