SEC Form 4 · accession 0001562180-18-001036
People's United Financial, Inc. · PBCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Barnes
Officer — President and CEO · Director
Period of report
Feb 15, 2018
Accepted (ET)
Feb 16, 2018 · 3:34 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 15, 2018 | A | 35,943 | $0.00 | A | 134,785 | D | |
| Common Stock | holding | — | — | — | 365,563 | I | John P. Barnes Living 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 | $19.707 | Feb 15, 2018 | A | 317,549 | A | — | Feb 15, 2028 | Common Stock | 317,549 | 317,549 | D |
Explanation of responses
- F1These are restricted shares that vest in annual increments on 3/1/19 (33 1/3%); 3/1/20 (33 1/3%); and 3/1/21 (33 1/3%).
- F2Includes 4,037 shares owned indirectly through the People's United Bank 401(k) Plan (including 38 shares acquired through dividend reinvestment) and 4,289 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 37 shared acquired through dividend reinvestment). Information is based on 12/31/17 Plan statements.
- F3Exercisable in annual increments on 3/1/19 (33 1/3%); 3/1/20 (33 1/3%); and 3/1/21 (33 1/3%).