TIMBERS STEPHEN B 4
4 · NORTHERN TRUST CORP · Filed Jan 27, 2004
Insider Transaction Report
Form 4
TIMBERS STEPHEN B
Vice Chairman
Transactions
- Tax Payment
Common Stock
2004-01-23$49.91/sh−2,412$120,371→ 71,876 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2004-01-23+28,000→ 71,756 total(indirect: By Trust) - Tax Payment
Common Stock
2004-01-23$49.91/sh−7,468$372,691→ 64,288 total(indirect: By Trust) - Exercise/Conversion
Employee Stock Award
2004-01-23−28,000→ 0 totalExercise: $0.00→ Common Stock (28,000 underlying)
Holdings
- 1,156(indirect: ESOP)
Common Stock
- 62,000
Common Stock
Footnotes (7)
- [F1]Distribution of Performance Shares
- [F2]as of 9/30/2003
- [F3]Represents stock units payable automatically in common stock on a 1-for-1 basis.
- [F4]Shares withheld for payment of taxes resulting in the vesting of a restricted stock award.
- [F5]with tandem tax withholding right
- [F6]Shares distributed upon satisfaction of specified employment period.
- [F7]Includes a balance of 7,588 shares, after taxes, of a 10,000-share restricted stock award that vested 1/23/2004.