SEC Form 4 · accession 0000073124-17-000317
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
Nov 29, 2017
Accepted (ET)
Nov 30, 2017 · 7:07 pm EST
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 | Nov 29, 2017 | M | 18,489 | $60.85 | A | 48,344 | D | |
| Common StockF3,F1 | Nov 29, 2017 | S | 18,489 | $97.51 | 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)F4 | $60.85 | Nov 29, 2017 | M | 18,489 | D | — | Feb 10, 2024 | Common Stock | 18,489 | 6,162 | 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.
- F3Price reflects the weighted average sales price from $97.22 to $97.89. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
- F4This option becomes exercisable in four equal annual installments beginning 2/10/2015.