Steven L. Fradkin - 01 Mar 2022 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Signature
Bradley R. Gabriel, Attorney-in-Fact for Steven L. Fradkin
Issuer symbol
NTRS
Transactions as of
01 Mar 2022
Net transactions value
-$395,851
Form type
4
Filing time
03 Mar 2022, 17:36:46 UTC
Previous filing
25 Feb 2022
Next filing
18 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Tax liability $395,851 -3,627 -7.8% $109.14 42,669 01 Mar 2022 Direct F1, F2
holding NTRS Common Stock 144,447 01 Mar 2022 By Trust F1
holding NTRS Common Stock 34,422 01 Mar 2022 Gift Trust F3
holding NTRS Common Stock 1,762 01 Mar 2022 Spouse as trustee for Daughter
holding NTRS Common Stock 1,762 01 Mar 2022 Spouse as trustee for Son
holding NTRS Common Stock 11,006 01 Mar 2022 401(k) as of 12-31-2021
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 3,627 shares withheld in payment of Federal, State and Medicare taxes upon the vesting of 8,642 previously reported stock units. The remaining 5,015 shares were distributed to the reporting person as shares of common stock and transferred to the reporting person's existing trust account.
F2 Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F3 The reporting person's spouse is trustee of this trust.