SEC Form 4 · accession 0001562180-17-000794
People's United Financial, Inc. · PBCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chantal D Simon
Officer — Sr Ex VP & Chief Risk Officer
Period of report
Feb 16, 2017
Accepted (ET)
Feb 17, 2017 · 5:56 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 16, 2017 | A | 6,709 | $0.00 | A | 101,313 | D |
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 | $19.165 | Feb 16, 2017 | A | 64,941 | A | — | Feb 16, 2027 | Common Stock | 64,941 | 64,941 | D |
Explanation of responses
- F1These are restricted shares that vest in annual increments on 3/1/18 (33 1/3%); 3/1/19 (33 1/3%); and 3/1/20 (33 1/3%).
- F2Includes 2,508 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 12/31/16 Plan statements.
- F3Exercisable in annual increments on 3/1/18 (33 1/3%); 3/1/19 (33 1/3%); and 3/1/20 (33 1/3%).