SEC Form 4 · accession 0001639802-16-000007
Northwest Bancshares, Inc. · NWBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy M Hunter
Director
Period of report
May 18, 2016
Accepted (ET)
May 19, 2016 · 11:48 am 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 | May 18, 2016 | A | 2,700 | $14.51 | A | 8,400 | 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 | $14.15 | May 18, 2016 | A | 7,200 | A | May 18, 2016 | May 18, 2026 | Common Stock | 7,200 | 7,200 | D |
Explanation of responses
- F1One tenth of this grant of RRP shares will vest each year beginning May 18, 2016 and on each May 18th thereafter through May 18, 2025.
- F2One tenth of this grant of stock options will vest each year beginning May 18, 2016 and on each May 18th thereafter through May 18, 2025.