SEC Form 4 · accession 0001562180-19-001295
People's United Financial, Inc. · PBCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
John P Barnes
Officer — President and CEO · Director
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 11:58 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 StockF1,F2 | Feb 21, 2019 | A | 41,759 | $0.00 | A | 133,415 | D | |
| Common Stock | holding | — | — | — | 395,400 | 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 | $17.6275 | Feb 21, 2019 | A | 368,018 | A | — | Feb 21, 2029 | Common Stock | 368,018 | 368,018 | D |
Explanation of responses
- F1These are restricted shares that vest in annual increments on 3/1/20 (33 1/3%); 3/1/21 (33 1/3%); and 3/1/22 (33 1/3%).
- F2Includes 4,195 shares owned indirectly through the People's United Bank 401(k) Plan (including 46 shares acquired through dividend reinvestment) and 4,456 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 49 shares acquired through dividend reinvestment). Information is based on 12/31/18 Plan statements.
- F3Exercisable in annual increments on 3/1/20 (33 1/3%); 3/1/21 (33 1/3%); and 3/1/22 (33 1/3%).