Steven L. Fradkin - 11 May 2021 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Role
President/Wealth Management
Signature
Bradley R. Gabriel, Attorney-in-Fact for Steven L. Fradkin
Issuer symbol
NTRS
Transactions as of
11 May 2021
Net transactions value
-$1,863,052
Form type
4
Filing time
13 May 2021, 18:03:29 UTC
Next filing
17 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Options Exercise $749,976 +12,325 +30% $60.85 53,666 11 May 2021 Direct F1
transaction NTRS Common Stock Options Exercise $1,666,715 +23,739 +44% $70.21 77,405 11 May 2021 Direct F1
transaction NTRS Common Stock Sale $3,992,255 -33,653 -43% $118.63 43,752 11 May 2021 Direct F1, F2
transaction NTRS Common Stock Sale $287,488 -2,411 -5.5% $119.24 41,341 11 May 2021 Direct F1, F3
holding NTRS Common Stock 56,435 11 May 2021 By Trust F4
holding NTRS Common Stock 34,422 11 May 2021 Gift Trust F5
holding NTRS Common Stock 75,000 11 May 2021 2020 GRAT
holding NTRS Common Stock 1,762 11 May 2021 Spouse as trustee for Daughter
holding NTRS Common Stock 1,762 11 May 2021 Spouse as trustee for Son
holding NTRS Common Stock 10,828 11 May 2021 401(k) as of 3-31-2021

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 -12,325 -100% $0.000000* 0 11 May 2021 Common Stock 12,325 $60.85 Direct F6
transaction NTRS Employee Stock Option (right-to-buy) Options Exercise $0 -23,739 -100% $0.000000* 0 11 May 2021 Common Stock 23,739 $70.21 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 41,341 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 $118.12 to $119.11. 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 $119.12 to $119.55. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F4 Reflects a November 29, 2017 purchase of 12 shares and a January 7, 2021 sale of 2 shares by the reporting person's trust, each previously unreported and each conducted at the discretion of a broker without the knowledge or direction of the Reporting Person.
F5 The reporting person's spouse is trustee of this trust.
F6 This option became exercisable in four equal annual installments beginning on February 10, 2015.
F7 This option became exercisable in four equal annual installments beginning on February 17, 2016.