SEC Form 4 · accession 0001187006-16-000006
Northwest Bancshares, Inc. · NWBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Wagner
Officer — President & CEO · Director
Period of report
May 18, 2016
Accepted (ET)
May 20, 2016 · 10:48 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001471265
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Northwest Bancshares, Inc. Common StockF1 | May 18, 2016 | A | 11,250 | $14.51 | A | 266,229 | D | |
| Northwest Bancshares, Inc. Common Stock | holding | — | — | — | 170,992 | I | Wife | |
| Northwest Bancshares, Inc. Common Stock | holding | — | — | — | 4,762 | I | IRA | |
| Northwest Bancshares, Inc. Common Stock | holding | — | — | — | 5,840 | I | Wife's IRA | |
| Northwest Bancshares, Inc. Common Stock | holding | — | — | — | 3,407 | I | Trust For Son | |
| Northwest Bancshares, Inc. Common StockF3 | holding | — | — | — | 202,418 | I | 401-K | |
| Northwest Bancshares, Inc. Common StockF4 | holding | — | — | — | 38,050 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2 | $14.15 | May 18, 2016 | A | 24,000 | A | May 18, 2016 | May 18, 2026 | Common Stock | 24,000 | 24,000 | D |
Explanation of responses
- F1One tenth of this grant of RRP shares will vest each year beginning May 18, 2016 and on each May 18th thereafter through May 18, 2025.
- F2One tenth of this grant of stock options will vest each year beginning May 18, 2016 and on each May 18th thereafter through May 18, 2025.
- F3Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F4Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.