Susan C. Levy - 13 May 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
Issuer symbol
NTRS
Transactions as of
13 May 2022
Net transactions value
$0
Form type
4
Filing time
17 May 2022, 18:40:19 UTC
Previous filing
03 Mar 2022
Next filing
07 Dec 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 Gift $0 -12,137 -100% $0.000000* 0 13 May 2022 2020 GRAT F1
transaction NTRS Common Stock Gift $0 +12,137 $0.000000 12,137 13 May 2022 Irrevocable Trust F1, F2
holding NTRS Common Stock 69,192 13 May 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.