SEC Form 4 · accession 0000073124-18-000147
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Gillian Pembleton
Officer — EVP/Human Resources
Period of report
Feb 26, 2018
Accepted (ET)
Feb 27, 2018 · 7:00 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 26, 2018 | S | 9,300 | $108.26 | D | 21,330 | D | |
| Common StockF2 | Feb 26, 2018 | M | 6,898 | $58.25 | A | 28,228 | D | |
| Common StockF3,F2 | Feb 26, 2018 | S | 6,898 | $108.49 | D | 21,330 | D | |
| Common Stock | holding | — | — | — | 1,940 | I | UK Employee Share Ownership Plan as of 12-31-2017 |
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 | $58.25 | Feb 26, 2018 | M | 6,898 | D | — | Feb 16, 2026 | Common Stock | 6,898 | 13,795 | D |
Explanation of responses
- F1Price reflects the weighted average sales price from $108.21 to $108.31. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
- F2Includes 20,946 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 $108.21 to $108.74. 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 2/16/2017.