SEC Form 4 · accession 0001562180-17-003697
People's United Financial, Inc. · PBCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R David Rosato
Officer — Sr EVP and CFO
Period of report
Nov 29, 2017
Accepted (ET)
Nov 30, 2017 · 2:11 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 29, 2017 | M | 6,040 | $16.94 | A | 86,104 | D | |
| Common StockF1,F2 | Nov 29, 2017 | S | 6,040 | $19.18 | D | 80,064 | D | |
| Common Stock | holding | — | — | — | 355 | I | IRA f/b/o Dana Rosato | |
| Common Stock | holding | — | — | — | 120 | I | IRA f/b/o Kevin Rosato |
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 | $16.94 | Nov 29, 2017 | M | 6,040 | A | — | Feb 21, 2018 | Common Stock | 6,040 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $19.15 to $19.21. 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 3,237 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 32 shares acquired through dividend reinvestment). Information is based on 9/30/2017 Plan statements.
- F3Exercisable in annual increments on 2/1/2010 (50%); 2/1/2011 (25%); and 2/1/2012 (25%).