Michael O'Grady - 07 Feb 2023 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Role
Chairman and CEO, Director
Signature
Bradley R. Gabriel, Attorney-In-Fact for Michael G. O'Grady
Issuer symbol
NTRS
Transactions as of
07 Feb 2023
Transactions value $
$1,500,032
Form type
4
Filing time
09 Feb 2023, 20:06:08 UTC
Previous filing
07 Dec 2022
Next filing
23 Feb 2023
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 $1,500,031 +28,469 +91.03% $52.69 59,744 07 Feb 2023 Direct F1, F2
holding NTRS Common Stock 164,375 07 Feb 2023 By Trust F2
holding NTRS Common Stock 4,745 07 Feb 2023 2021 GRAT
holding NTRS Common Stock 18,876 07 Feb 2023 2022 GRAT
holding NTRS Common Stock 5,459 07 Feb 2023 By Trust fbo Child 1 F3
holding NTRS Common Stock 5,460 07 Feb 2023 By Trust fbo Child 2 F3
holding NTRS Common Stock 5,460 07 Feb 2023 By Trust fbo Child 3 F3

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 -28,469 -100% $0* 0 07 Feb 2023 Common Stock 28,469 $52.69 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 59,744 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F2 Reflects the transfer of 28,469 shares directly held by the reporting person into the reporting person's existing trust account.
F3 The reporting person's spouse is trustee of this trust.
F4 This option became exercisable in four equal annual installments beginning on February 11, 2014.