SEC Form 4 · accession 0000073124-17-000323
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Cherecwich
Officer — President/C&IS
Period of report
Dec 4, 2017
Accepted (ET)
Dec 5, 2017 · 6:52 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 | Dec 4, 2017 | M | 7,331 | $52.69 | A | 40,334 | D | |
| Common StockF2,F1 | Dec 4, 2017 | S | 7,331 | $99.09 | D | 33,003 | D |
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 | $52.69 | Dec 4, 2017 | M | 7,331 | D | — | Feb 11, 2023 | Common Stock | 7,331 | 0 | D |
Explanation of responses
- F1Includes 20,016 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 $98.81 to $99.29. 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 2/11/2014.