SEC Form 4 · accession 0000073124-18-000269
NORTHERN TRUST CORP · NTRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Biff Bowman
Officer — Chief Financial Officer
Period of report
Aug 9, 2018
Accepted (ET)
Aug 9, 2018 · 6:39 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 | Aug 9, 2018 | M | 21,352 | $52.69 | A | 94,763 | D | |
| Common StockF2,F1 | Aug 9, 2018 | S | 21,352 | $111.11 | D | 73,411 | D | |
| Common Stock | holding | — | — | — | 552 | I | 401(k) as of 6-30-18 |
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 | Aug 9, 2018 | M | 21,352 | D | — | Feb 11, 2023 | Common Stock | 21,352 | 0 | D |
Explanation of responses
- F1Includes 25,986 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 $110.68 to $111.34. 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.