Michael G. O'Grady - 09 Dec 2021 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Role
Chairman, President and CEO, Director
Signature
David A. Serna, Attorney-In-Fact for Michael G. O'Grady
Issuer symbol
NTRS
Transactions as of
09 Dec 2021
Net transactions value
-$3,626,532
Form type
4
Filing time
10 Dec 2021, 17:14:17 UTC
Previous filing
07 Dec 2021
Next filing
20 Jan 2022
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 $2,100,002 +48,110 +86% $43.65 103,802 09 Dec 2021 Direct F1
transaction NTRS Common Stock Sale $5,726,533 -48,110 -46% $119.03 55,692 09 Dec 2021 Direct F1, F2
holding NTRS Common Stock 106,419 09 Dec 2021 By Trust
holding NTRS Common Stock 30,000 09 Dec 2021 2020 GRAT
holding NTRS Common Stock 10,000 09 Dec 2021 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 -48,110 -100% $0.000000* 0 09 Dec 2021 Common Stock 48,110 $43.65 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 55,692 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 $118.58 to $119.57. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
F3 This option became exercisable in four equal annual installments beginning on February 13, 2013.