Michael O'Grady - May 5, 2021 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Role
Chairman, President and CEO, Director
Signature
Bradley R. Gabriel, Attorney-In-Fact for Michael G. O'Grady
Stock symbol
NTRS
Transactions as of
May 5, 2021
Transactions value $
-$7,635,059
Form type
4
Date filed
5/7/2021, 08:56 PM
Next filing
Dec 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Options Exercise $1.65M +42.6K +73.46% $38.78 101K May 5, 2021 Direct F1
transaction NTRS Common Stock Sale -$5.01M -42.6K -42.35% $117.52 58K May 5, 2021 Direct F1, F2
transaction NTRS Common Stock Options Exercise $2.1M +54.1K +93.14% $38.78 112K May 6, 2021 Direct F1
transaction NTRS Common Stock Sale -$4.43M -37.7K -33.63% $117.61 74.4K May 6, 2021 Direct F1, F3
transaction NTRS Common Stock Sale -$1.94M -16.4K -21.99% $118.59 58K May 6, 2021 Direct F1, F4
holding NTRS Common Stock 106K May 5, 2021 By Trust
holding NTRS Common Stock 40K May 5, 2021 GRAT

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTRS Employee Stock Option (right-to-buy) Options Exercise $0 -42.6K -44.09% $0.00 54.1K May 5, 2021 Common Stock 42.6K $38.78 Direct F5
transaction NTRS Employee Stock Option (right-to-buy) Options Exercise $0 -54.1K -100% $0.00* 0 May 6, 2021 Common Stock 54.1K $38.78 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 58,045 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F2 Price reflects the weighted average sales price from $117.50 to $117.77. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F3 Price reflects the weighted average sales price from $117.25 to $118.24. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F4 Price reflects the weighted average sales price from $118.25 to $118.81. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F5 This option became exercisable in four equal annual installments beginning on October 18, 2012.