SEC Form 4 · accession 0001204555-16-000012
Northwest Bancshares, Inc. · NWBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William W Harvey
Officer — Sr. EVP & CFO
Period of report
Nov 15, 2016
Accepted (ET)
Nov 16, 2016 · 5:20 pm EST
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. | Nov 15, 2016 | X | 9,286 | $12.12 | A | 143,158 | D | |
| Northwest Bancshares, Inc.F1 | Nov 15, 2016 | S | 9,286 | $17.7459 | D | 133,872 | D | |
| Northwest Bancshares, Inc. | Nov 15, 2016 | M | 12,937 | $7.48 | A | 146,809 | D | |
| Northwest Bancshares, Inc.F3 | Nov 15, 2016 | F | 5,410 | $17.89 | D | 141,399 | D | |
| Northwest Bancshares, Inc. | holding | — | — | — | 686 | I | IRA | |
| Northwest Bancshares, Inc. | holding | — | — | — | 686 | I | Wife's IRA | |
| Northwest Bancshares, Inc.F2 | holding | — | — | — | 30,677 | I | 401-K |
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) | $12.12 | Nov 15, 2016 | X | 9,286 | D | Jan 19, 2012 | Jan 19, 2018 | Common Stock | 13,000 | 3,714 | D |
| Stock Options (Right to Buy) | $7.48 | Nov 15, 2016 | M | 12,937 | D | Feb 18, 2010 | Feb 18, 2019 | Northwest Bancshares, Inc. Common Stock | 12,937 | 0 | D |
Explanation of responses
- F1Average price of 11 lots with a high of $17.77 and a low of $17.725.
- F2Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F3Constructively exchanged 5,410 shares in order to exercise 12,937 stock options. The number of shares issued was 7,527.