Michael O'Grady - Dec 3, 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
Dec 3, 2021
Transactions value $
-$276,195
Form type
4
Date filed
12/7/2021, 06:19 PM
Previous filing
May 7, 2021
Next filing
Dec 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Tax liability -$276K -2.35K -4.05% $117.38 55.7K Dec 3, 2021 Direct F1, F2
holding NTRS Common Stock 106K Dec 3, 2021 By Trust F3, F4
holding NTRS Common Stock 30K Dec 3, 2021 2020 GRAT F3
holding NTRS Common Stock 10K Dec 3, 2021 2021 GRAT F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations related to previously reported stock units.
F2 Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F3 Reflects the May 17, 2021 distribution of 10,000 shares from the reporting person's 2020 grantor retained annuity trust ("GRAT") to the reporting person's existing trust as an annuity payment in accordance with the terms of the 2020 GRAT instrument.
F4 Reflects the May 17, 2021 transfer of 10,000 shares of the Corporation's common stock into a newly created 2021 GRAT.