SEC Form 4 · accession 0001562180-19-001299
People's United Financial, Inc. · PBCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark F Herron
Officer — Executive Vice President
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 12:03 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 21, 2019 | A | 3,258 | $0.00 | A | 23,530 | 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 | $17.6275 | Feb 21, 2019 | A | 28,711 | A | — | Feb 21, 2029 | Common Stock | 28,711 | 28,711 | 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 297 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 3 shares acquired through dividend reinvestment). Information is based on 12/31/18 Plan statement.
- F3Exercisable in annual increments on 3/1/20 (33 1/3%); 3/1/21 (33 1/3%); and 3/1/22 (33 1/3%).