Accession Number: | 0000073124-21-000168 |
Date: | 2021-04-20 |
Issuer: | NORTHERN TRUST CORP (NTRS) |
Original Submission Date: |
POWELL CHARLES D
50 SOUTH LA SALLE ST
CHICAGO, IL 60603
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2021-04-20 | M | 1,679 | a | $0.00 | 1,679 | direct | ||
COMMON STOCK | 2021-04-20 | D | 1,679 | d | $107.37 | 0 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK UNITS | 0.0 | 2021-04-20 | deemed execution date | M | 1,679 (d) | common stock 1,679 | $0.00 | 0 | direct | |||
STOCK UNITS | 0.0 | 2021-04-20 | deemed execution date | A | 1,164 (a) | common stock 1,164 | $0.00 | 1,164 | direct |
ID | footnote |
---|---|
f1 | each unit is the economic equivalent of one share of the corporation's common stock and is settled in cash upon vesting. |
f2 | 1,679 stock units vested on april 20, 2021 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 2022 annual meeting of stockholders. |