NORTHERN TRUST CORP 4
4 · NORTHERN TRUST CORP · Filed Apr 23, 2015
Insider Transaction Report
Form 4
Bond John
Other
Transactions
- Disposition to Issuer
Common Stock
2015-04-21$71.83/sh−1,677.01$120,460→ 1,000 total - Exercise/Conversion
Stock Units
2015-04-21−1,677.01→ 0 total→ Common Stock (1,677.01 underlying) - Exercise/Conversion
Common Stock
2015-04-21+1,677.01→ 2,677.01 total
Footnotes (2)
- [F1]Each unit is the economic equivalent of one share of the Corporation's common stock and is settled in cash upon vesting.
- [F2]1,677.01 stock units vested on April 21, 2015 and were paid in cash to the Advisory Director. This form reports such settlement in cash as the deemed conversion of units and immediate disposition of underlying common stock in accordance with SEC guidance.