SEC Form 4 · accession 0001574862-17-000001
Northwest Bancshares, Inc. · NWBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William F McKnight
Director
Period of report
May 17, 2017
Accepted (ET)
May 18, 2017 · 3:21 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. Common StockF1,F3 | May 17, 2017 | A | 2,700 | $15.24 | A | 28,030 | D |
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 | $15.57 | May 17, 2017 | A | 7,200 | A | May 17, 2017 | May 17, 2027 | Common Stock | 7,200 | 7,200 | D |
Explanation of responses
- F1One tenth of this grant of RRP shares will vest each year beginning May 17, 2017 and on each May 17th thereafter through May 17, 2026.
- F2One tenth of this grant of stock options will vest each year beginning May 17, 2017 and on each May 17th thereafter through May 17, 2026.
- F3Includes transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.