Michael O'Grady - Mar 1, 2022 Form 4 Insider Report for NORTHERN TRUST CORP (NTRS)

Role
Chairman and CEO, Director
Signature
Bradley R. Gabriel, Attorney-In-Fact for Michael G. O'Grady
Stock symbol
NTRS
Transactions as of
Mar 1, 2022
Transactions value $
-$964,907
Form type
4
Date filed
3/3/2022, 05:38 PM
Previous filing
Feb 25, 2022
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Tax liability -$965K -8.84K -12.69% $109.14 60.8K Mar 1, 2022 Direct F1, F2
holding NTRS Common Stock 136K Mar 1, 2022 By Trust F1
holding NTRS Common Stock 30K Mar 1, 2022 2020 GRAT
holding NTRS Common Stock 10K Mar 1, 2022 2021 GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 8,841 shares withheld in payment of Federal, State and Medicare taxes upon the vesting of 21,068 previously reported stock units. The remaining 12,227 shares were distributed to the reporting person as shares of common stock and transferred to the reporting person's existing trust account.
F2 Represents stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.