CROSS DOLORES E 4
4 · NORTHERN TRUST CORP · Filed Aug 5, 2003
Insider Transaction Report
Form 4
CROSS DOLORES E
Director
Transactions
- Sale
Common Stock
2003-08-05$42.29/sh−500$21,145→ 2,700 total
Holdings
- 4,800
Common Stock
- 10,660
Stock Units
→ Common Stock (10,660 underlying)
Footnotes (3)
- [F1]Represents stock units payable on a one-for-one basis in shares of the Corporation's common stock. 2400 of these stock units are subject to a vesting schedule -- 800 stock units vested on 4/15/2003, and the remaining 1600 stock units will vest upon the reporting person's re-election as a director in each of the years 2004 and 2005.
- [F2]1-for-1
- [F3]Stock units representing the transfer of prior deferred compensation, deferral of annual stock grant, and deferral of annual retainer pursuant to the Northern Trust Corporation Compensation Plan for Non-Employee Directors. The distribution will be made in cash upon the retirement or resignation of the reporting person.