SEC Form 4 · accession 0001562180-16-003424
People's United Financial, Inc. · PBCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kirk W Walters
Officer — Sr Executive Vice President · Director
Period of report
Nov 8, 2016
Accepted (ET)
Nov 9, 2016 · 12:15 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 Stock | Nov 8, 2016 | G | 3,000 | $0.00 | D | 255,008 | I | By Gus & Bonnie, LLC |
| Series A Nonconvertible Perpetual Preferred Stock | holding | — | — | — | 40,000 | I | By Gus & Bonnie, LLC | |
| Common StockF2 | holding | — | — | — | 36,441 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were transferred to The Walters Family Foundation, a 501(c)(3) organization. The reporting person is the settlor and a co-trustee of a trust owning a 50% membership interest in Gus & Bonnie, LLC (GBLLC). The remaining 50% membership interest in GBLLC is owned by a second trust of which the reporting person's spouse is the settlor and reporting person is a co-trustee.
- F2Includes 7,352 shares owned indirectly through the People's United Bank 401(k) Plan (including 80 shares acquired through dividend reinvestment) and 1,784 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 19 shares acquired through dividend reinvestment). Information is based on 9/30/2016 Plan statements.