4//SEC Filing
Levy Susan Cohen 4
Accession 0000073124-24-000267
CIK 0000073124other
Filed
Oct 28, 8:00 PM ET
Accepted
Oct 29, 7:11 PM ET
Size
13.3 KB
Accession
0000073124-24-000267
Insider Transaction Report
Form 4
Levy Susan Cohen
Executive VP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2024-10-25$70.21/sh+19,585$1,375,063→ 36,717 total - Exercise/Conversion
Employee Stock Option (right-to-buy)
2024-10-25−19,585→ 0 totalExercise: $70.21Exp: 2025-02-17→ Common Stock (19,585 underlying) - Sale
Common Stock
2024-10-25$102.26/sh−19,585$2,002,762→ 17,132 total
Holdings
- 0(indirect: 2022 GRAT)
Common Stock
- 25,230(indirect: 2023 GRAT)
Common Stock
- 55,726(indirect: 2024 GRAT)
Common Stock
- 12,137(indirect: By Trust)
Common Stock
Footnotes (8)
- [F1]Includes 17,132 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
- [F2]On June 13, 2024, the reporting person's 2022 grantor retained annuity trust ("GRAT") distributed 18,966 shares of the Corporation's common stock to the reporting person's existing brokerage account as a final annuity payment in accordance with the terms of the GRAT instrument.
- [F3]On June 13, 2024, the reporting person's 2023 GRAT distributed 19,000 shares of the Corporation's common stock to the reporting person's existing brokerage account as an annuity payment in accordance with the terms of the GRAT instrument.
- [F4]Reflects the August 12, 2024 transfer of 55,726 shares of the Corporation's common stock into a newly created 2024 GRAT.
- [F5]Reflects a correction of 9,730 net shares previously reported as being (i) distributed from the reporting person's 2022 GRAT to the reporting person's existing irrevocable trust as an annuity payment on June 9, 2023 (34,500 shares); and (ii) transferred from the reporting person's existing irrevocable trust into a newly created 2023 GRAT on June 12, 2023 (44,230 shares). Each of the foregoing transactions actually occurred from the reporting person's existing brokerage account, not the existing irrevocable trust.
- [F6]Price reflects the weighted average sales price from $102.25 to $102.40. Information regarding the number of shares sold at each separate price will be provided by the reporting person upon request.
- [F7]The reporting person's spouse is trustee of this trust.
- [F8]This option became exercisable in four equal annual installments beginning on February 17, 2016.
Documents
Issuer
NORTHERN TRUST CORP
CIK 0000073124
Entity typeother
Related Parties
1- filerCIK 0001607570
Filing Metadata
- Form type
- 4
- Filed
- Oct 28, 8:00 PM ET
- Accepted
- Oct 29, 7:11 PM ET
- Size
- 13.3 KB