SEC Form 4 · accession 0001562180-17-001509
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
Mar 31, 2017
Accepted (ET)
Apr 17, 2017 · 4:01 pm EDT
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 StockF2 | Mar 31, 2017 | G | 0 | $0.00 | A | 303,542 | I | By Gus & Bonnie, LLC |
| Common StockF1 | holding | — | — | — | 26,231 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 7,486 shares owned indirectly through the People's United Bank 401(k) Plan (including 66 shares acquired through dividend reinvestment) and 2,122 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 3/31/17 Plan statements.
- F2The reporting person's spouse gifted her 50% ownership in Gus & Bonnie, LLC in equal percentages to the Kirk W. Walters, Trustee of the JAW Irrevocable Trust dated March 18, 2017, and the Kirk W. Walters, Trustee of the JWW Irrevocable Trust dated March 18, 2017 (the "Trusts"). The Trusts have no voting power and no investment power with respect to the issuer's shares held by Gus & Bonnie, LLC, and the reporting person is sole trustee of the Trusts.