SEC Form 4 · accession 0001562180-17-001189
People's United Financial, Inc. · PBCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Trautmann
Officer — Sr Ex VP, Gen Cnsl & Secretary
Period of report
Mar 7, 2017
Accepted (ET)
Mar 8, 2017 · 11:20 am 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 | Mar 7, 2017 | M | 46,100 | $18.10 | A | 72,948 | D | |
| Common StockF1,F2 | Mar 7, 2017 | S | 46,100 | $19.20 | D | 26,848 | D | |
| Common Stock | Mar 7, 2017 | S | 7,800 | $19.17 | D | 53,706 | I | Robert Edward Trautmann Revocable Trust |
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 | $18.10 | Mar 7, 2017 | M | 46,100 | D | — | Oct 25, 2017 | Common Stock | 46,100 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $19.175 to $19.215. 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 4,674 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 40 shares acquired through dividend reinvestment) based on 12/31/2016 Plan statement.
- F3(3) Exercisable in annual increments on 10/25/08 (20%); 10/25/09 (20%); 10/25/10 (20%); 10/25/11 (20%) and 10/25/12 (20%).