SEC Form 4 · accession 0001562180-18-001037
People's United Financial, Inc. · PBCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Galan G Daukas
Officer — Sr. Executive Vice President
Period of report
Feb 15, 2018
Accepted (ET)
Feb 16, 2018 · 3:36 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 | 5,463 | $0.00 | A | 50,071 | 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 | $19.707 | Feb 15, 2018 | A | 48,267 | A | — | Feb 15, 2028 | Common Stock | 48,267 | 48,267 | 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 10,426 shares owned indirectly through the People's United Bank 401(k) Plan (including 96 shares acquired through dividend reinvestment) and 934 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 6 shares 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%).