Susan C. Levy - May 13, 2022 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Role
EVP and General Counsel
Signature
Bradley R. Gabriel, Attorney-in-Fact for Susan C. Levy
Stock symbol
NTRS
Transactions as of
May 13, 2022
Transactions value $
$0
Form type
4
Date filed
5/17/2022, 06:40 PM
Previous filing
Mar 3, 2022
Next filing
Dec 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Gift $0 -12.1K -100% $0.00* 0 May 13, 2022 2020 GRAT F1
transaction NTRS Common Stock Gift $0 +12.1K $0.00 12.1K May 13, 2022 Irrevocable Trust F1, F2
holding NTRS Common Stock 69.2K May 13, 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 6, 2022, the reporting person's grantor retained annuity trust ("GRAT") distributed 16,900 shares of the Corporation's common stock to the reporting person's existing brokerage account as an annuity payment. On May 13, 2022, the remaining 12,137 shares held by such GRAT were distributed to an irrevocable trust. Each distribution was made in accordance with the terms of the GRAT instrument.
F2 The reporting person's spouse is trustee of this trust.
F3 Includes 15,726 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.