POWELL CHARLES D 4
4 · NORTHERN TRUST CORP · Filed Apr 28, 2022
Insider Transaction Report
Form 4
POWELL CHARLES D
Other
Transactions
- Disposition to Issuer
Common Stock
2022-04-26$107.93/sh−1,164$125,631→ 0 total - Exercise/Conversion
Stock Units
2022-04-26−1,164→ 0 total→ Common Stock (1,164 underlying) - Exercise/Conversion
Common Stock
2022-04-26+1,164→ 1,164 total - Award
Stock Units
2022-04-26+1,343→ 1,343 total→ Common Stock (1,343 underlying)
Footnotes (3)
- [F1]Each unit is the economic equivalent of one share of the Corporation's common stock and is settled in cash upon vesting.
- [F2]1,164 stock units vested on April 26, 2022 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.
- [F3]The stock units will be paid in cash to the Advisory Director upon the date of the Corporation's 2023 Annual Meeting of Stockholders.