SEC Form 4 · accession 0000073124-18-000095
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
Feb 12, 2018
Accepted (ET)
Feb 14, 2018 · 6:34 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,F2 | Feb 12, 2018 | F | 1,820 | $98.88 | D | 39,140 | D | |
| Common StockF1,F3 | Feb 14, 2018 | G | 936 | $0.00 | D | 32,984 | I | By Trust |
| Common Stock | holding | — | — | — | 2,627 | I | 2015 GRAT | |
| Common Stock | holding | — | — | — | 12,612 | I | 2016 GRAT | |
| Common StockF3 | holding | — | — | — | 9,882 | I | 2017 GRAT | |
| Common Stock | holding | — | — | — | 10,016 | I | 401(k) as of 12-31-17 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects 1,820 shares withheld in payment of Federal, State and Medicare taxes upon the vesting of 4,108 previously reported stock units. The remaining 2,288 shares were distributed to the reporting person as shares of common stock and transferred to the reporting person's existing trust account.
- F2Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F3Reflects the January 31, 2018 distribution of 2,626 shares from the reporting person's grantor retained annuity trust to the reporting person's existing trust as an annuity payment in accordance with the terms of the GRAT instrument.