SEC Form 4 · accession 0001187006-16-000008
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
Aug 23, 2016
Accepted (ET)
Aug 25, 2016 · 2:31 pm 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. | Aug 23, 2016 | M | 21,374 | $11.51 | A | 287,603 | D | |
| Northwest Bancshares, Inc.F1 | Aug 23, 2016 | F | 16,101 | $15.28 | D | 271,502 | D | |
| Northwest Bancshares, Inc. | holding | — | — | — | 170,992 | I | Wife | |
| Northwest Bancshares, Inc. | holding | — | — | — | 4,762 | I | IRA | |
| Northwest Bancshares, Inc. | holding | — | — | — | 5,840 | I | Wife's IRA | |
| Northwest Bancshares, Inc. | holding | — | — | — | 3,407 | I | Trust For Son | |
| Northwest Bancshares, Inc.F2 | holding | — | — | — | 204,629 | I | 401-K | |
| Northwest Bancshares, Inc.F3 | holding | — | — | — | 38,425 | 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) | $11.51 | Aug 23, 2016 | M | 21,374 | D | Jan 17, 2008 | Jan 17, 2017 | Common Stock | 21,374 | 0 | D |
Explanation of responses
- F1Constructively exchanged 16,101 shares in order to exercise 21,374 stock options. Stock in the amount of 5,273 was issued.
- F2Reflects transactions not required to be reported pursuant to Sectioon 16 of the Securities Exchange Act of 1934, as amended.
- F3Reflects transactions not required to be reported pursuant to Sectioon 16 of the Securities Exchange Act of 1934, as amended.