Michael O'Grady - Feb 7, 2023 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
Feb 7, 2023
Transactions value $
$1,500,032
Form type
4
Date filed
2/9/2023, 08:06 PM
Previous filing
Dec 7, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRS Common Stock Options Exercise $1.5M +28.5K +91.03% $52.69 59.7K Feb 7, 2023 Direct F1, F2
holding NTRS Common Stock 164K Feb 7, 2023 By Trust F2
holding NTRS Common Stock 4.75K Feb 7, 2023 2021 GRAT
holding NTRS Common Stock 18.9K Feb 7, 2023 2022 GRAT
holding NTRS Common Stock 5.46K Feb 7, 2023 By Trust fbo Child 1 F3
holding NTRS Common Stock 5.46K Feb 7, 2023 By Trust fbo Child 2 F3
holding NTRS Common Stock 5.46K Feb 7, 2023 By Trust fbo Child 3 F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTRS Employee Stock Option (right-to-buy) Options Exercise $0 -28.5K -100% $0.00* 0 Feb 7, 2023 Common Stock 28.5K $52.69 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 59,744 stock units payable automatically on a 1-for-1 basis in shares of the Corporation's common stock.
F2 Reflects the transfer of 28,469 shares directly held by the reporting person into the reporting person's existing trust account.
F3 The reporting person's spouse is trustee of this trust.
F4 This option became exercisable in four equal annual installments beginning on February 11, 2014.