SEC Form 4 · accession 0001562180-16-003708

People's United Financial, Inc. · PBCT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Sr. Executive Vice President

Period of report

Dec 8, 2016

Accepted (ET)

Dec 9, 2016 · 2:41 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
Common Stock	Dec 8, 2016	M	78,841	$15.56	A	192,002	D
Common Stock	Dec 8, 2016	M	117,042	$12.94	A	309,044	D
Common Stock^F1,F2	Dec 8, 2016	S	195,883	$20.04	D	113,161	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Option to Buy^F3	$15.56	Dec 8, 2016	M	78,841	D	—	Mar 8, 2020	Common Stock	78,841	0	D
Employee Option to Buy^F4	$12.94	Dec 8, 2016	M	117,042	D	—	Feb 21, 2023	Common Stock	117,042	0	D

F1This transaction was executed in multiple trades at prices ranging from $19.94 to $20.11. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the SEC staff, People's United Financial, Inc. or a shareholder of People's United Financial, Inc. full information regarding the number of shares and prices at which the transaction was effected.
F2Includes 1,784 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 20 shares acquired through dividend reinvestment). Information is based on 9/30/2016 Plan statements.
F3Exercisable in annual increments on 03/08/2011 (20%); 03/08/2012 (20%); 03/08/2013 (20%); 03/08/2014 (20%); and 03/08/2015 (20%).
F4Exercisable in annual increments on 03/01/2014 (33 1/3%); 03/01/2015 (33 1/3%); and 03/01/2016 (33 1/3%).