SEC Form 4 · accession 0000073124-18-000136
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick H Waddell
Officer — Chairman · Director
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 5:09 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 20, 2018 | F | 5,246 | $105.15 | D | 175,238 | D | |
| Common StockF3 | Feb 20, 2018 | A | 13,369 | $0.00 | A | 188,607 | D | |
| Common StockF1,F4,F5 | holding | — | — | — | 124,117 | I | By Trust | |
| Common Stock | holding | — | — | — | 25,014 | I | 2015 GRAT | |
| Common StockF4 | holding | — | — | — | 21,775 | I | 2016-1 GRAT | |
| Common Stock | holding | — | — | — | 29,087 | I | 2016-2 GRAT | |
| Common StockF5 | holding | — | — | — | 26,974 | I | 2017-1 GRAT | |
| Common Stock | holding | — | — | — | 17,339 | I | 2017-2 GRAT | |
| Common Stock | holding | — | — | — | 13,785 | I | By Spouse | |
| Common Stock | holding | — | — | — | 34,880 | I | 401(k) as of 12-31-2017 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects 5,246 shares withheld in payment of Federal, State and Medicare taxes upon the vesting of 11,840 previously reported stock units. The remaining 6,594 shares were distributed to the reporting person as shares of common stock and transferred to the reporting person's existing trust account.
- F2Includes 175,118 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F3Includes 188,487 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- F4Reflects the February 15, 2018 distribution of 6,349 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.
- F5Reflects the February 15, 2018 distribution of 8,186 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.