SEC Form 4 · accession 0001182489-15-000339
People's United Financial, Inc. · PBCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kirk W Walters
Officer — Sr Ex VP & Chief Fin'l Officer · Director
Period of report
Feb 19, 2015
Accepted (ET)
Feb 20, 2015 · 2:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001378946
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 19, 2015 | A | 15,060 | $0.00 | A | 92,931 | D | |
| Common Stock | holding | — | — | — | 217,069 | I | By Gus & Bonnie, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Option To BuyF3 | $14.85 | Feb 19, 2015 | A | 154,110 | A | — | Feb 19, 2025 | Common Stock | 154,110 | 154,110 | D |
Explanation of responses
- F1These are restricted shares that vest in annual increments on 3/1/16 (33 1/3%); 3/1/17 (33 1/3%); and 3/1/18 (33 1/3%).
- F2Includes 6,820 shares owned indirectly through the People's United Bank 401(k) Plan (including 75 shares acquired through dividend reinvestment) and 1,358 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 11 shares acquired through dividend reinvestment). Information is based on 12/31/14 Plan statements.
- F3Exercisable in annual increments on 3/1/16 (33 1/3%); 3/1/17 (33 1/3%); and 3/1/18 (33 1/3%).