SEC Form 4 · accession 0000073124-18-000202
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
May 1, 2018
Accepted (ET)
May 2, 2018 · 5:16 pm EDT
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 | May 1, 2018 | G | 9,972 | $0.00 | D | 0 | I | 2015 GRAT |
| Common StockF2 | holding | — | — | — | 188,607 | D | ||
| Common StockF1 | holding | — | — | — | 89,069 | I | By Trust | |
| Common Stock | holding | — | — | — | 21,775 | I | 2016-1 GRAT | |
| Common Stock | holding | — | — | — | 29,087 | I | 2016-2 GRAT | |
| Common Stock | holding | — | — | — | 26,974 | I | 2017-1 GRAT | |
| Common Stock | holding | — | — | — | 17,339 | I | 2017-2 GRAT | |
| Common Stock | holding | — | — | — | 48,090 | I | 2018 GRAT | |
| Common Stock | holding | — | — | — | 13,785 | I | By Spouse | |
| Common Stock | holding | — | — | — | 35,017 | I | 401(k) as of 3-31-2018 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 1, 2018, the reporting person's grantor retained annuity trust ("GRAT") distributed 15,042 shares of the Corporation's common stock to the reporting person's existing revocable trust as an annuity payment. On such date 9,972 shares also were distributed to the remaindermen of the GRAT. Each distribution was made in accordance with the terms of the GRAT instrument.
- F2Includes 188,487 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.