SEC Form 4 · accession 0001371941-16-000009
Northwest Bancshares, Inc. · NWBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael G Smelko
Officer — Exec. V.P., Chief Credit Off.
Period of report
Dec 6, 2016
Accepted (ET)
Dec 7, 2016 · 5:00 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. Common Stock | Dec 6, 2016 | X | 10,125 | $11.12 | A | 72,171 | D | |
| Northwest Bancshares, inc. Common Stock | Dec 6, 2016 | X | 10,125 | $9.79 | A | 82,296 | D | |
| Northwest Bancshares, Inc. Common Stock | Dec 6, 2016 | X | 10,125 | $7.48 | A | 92,421 | D | |
| Northwest Bancshares, Inc. Common StockF1 | Dec 6, 2016 | S | 30,375 | $18.2681 | D | 62,046 | D | |
| Northwest Bancshares, Inc. Common Stock | holding | — | — | — | 1,019 | I | Wife's IRA | |
| Northwest Bancshares, Inc. Common StockF2 | holding | — | — | — | 17,770 | 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 | Dec 6, 2016 | X | 10,125 | D | Jan 16, 2009 | Jan 16, 2018 | Common Stock | 10,125 | 0 | D |
| Stock Options (Right to Buy) | $9.79 | Dec 6, 2016 | X | 10,125 | D | Nov 19, 2009 | Nov 19, 2018 | Common Stock | 10,125 | 0 | D |
| Stock options (Right to Buy) | $7.48 | Dec 6, 2016 | X | 10,125 | D | Feb 18, 2010 | Feb 18, 2019 | Common Stock | 10,125 | 0 | D |
Explanation of responses
- F1Average price of 10 lots with a high of $18.29 and a low of $18.25.
- F2Reflects transactions that are not reportable pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.