SEC Form 4 · accession 0001343102-16-000012
Northwest Bancshares, Inc. · NWBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Westerburg
Officer — EVP Chief Operations Officer
Period of report
Nov 10, 2016
Accepted (ET)
Nov 15, 2016 · 9:11 am 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 10, 2016 | X | 10,125 | $11.12 | A | 38,746 | D | |
| Northwest Bancshares, Inc. | Nov 10, 2016 | X | 10,125 | $9.79 | A | 48,871 | D | |
| Northwest Bancshares, Inc. | Nov 10, 2016 | X | 7,231 | $11.49 | A | 56,102 | D | |
| Northwest Bancshares, Inc. | Nov 10, 2016 | X | 6,333 | $12.12 | A | 62,435 | D | |
| Northwest Bancshares, Inc. | Nov 10, 2016 | X | 11,994 | $12.32 | A | 74,429 | D | |
| Northwest Bancshares, Inc.F1 | Nov 10, 2016 | S | 45,808 | $16.9436 | D | 28,621 | D | |
| Northwest Bancshares, Inc.F2 | holding | — | — | — | 44,049 | 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) | $11.12 | Nov 10, 2016 | X | 10,125 | D | Jan 16, 2009 | Jan 16, 2018 | Common Stock | 10,125 | 0 | D |
| Stock Options (Right to Buy) | $9.79 | Nov 10, 2016 | X | 10,125 | D | Nov 19, 2009 | Nov 19, 2018 | Common Stock | 10,125 | 0 | D |
| Stock Options (Right to Buy) | $11.49 | Nov 10, 2016 | X | 7,231 | D | Jan 20, 2011 | Jan 20, 2020 | Common Stock | 9,000 | 1,769 | D |
| Stock Options (Right to Buy) | $12.12 | Nov 10, 2016 | X | 6,333 | D | Jan 19, 2012 | Jan 19, 2021 | Common Stock | 9,000 | 2,667 | D |
| Stock Options (Right to Buy) | $12.32 | Nov 10, 2016 | X | 11,994 | D | May 18, 2012 | Aug 18, 2021 | Common Stock | 34,000 | 22,006 | D |
Explanation of responses
- F1Average price of 48 lots with a high of $17.0645 and a low of $16.84.
- F2Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.