SEC Form 4 · accession 0001140361-15-011480
First Connecticut Bancorp, Inc. · FBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Patrick Jr.
Officer — Chairman, President & CEO · Director
Period of report
Mar 10, 2015
Accepted (ET)
Mar 12, 2015 · 3:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001511198
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 10, 2015 | P | 5,580 | $14.85 | A | 5,580 | I | 401(k) |
| Common Stock | holding | — | — | — | 4,990 | I | 401(k) | |
| Common Stock | holding | — | — | — | 32,024 | I | IRA | |
| Common Stock | holding | — | — | — | 100 | I | Held by Wife as Trustee for Minor Child | |
| Common Stock | holding | — | — | — | 100 | I | Held by Wife as Trustee for Minor Child | |
| Common Stock | holding | — | — | — | 100 | I | Held by Child | |
| Common Stock | holding | — | — | — | 3,491 | I | ESOP | |
| Common StockF1,F2,F3 | holding | — | — | — | 126,522 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4 | $12.95 | holding | — | — | — | Sep 5, 2012 | Sep 5, 2022 | Common Stock | 344,621 | 344,621 | D |
Explanation of responses
- F1156,648 Shares of Restricted stock granted pursuant to the First Connecticut Bancorp, Inc.'s 2012 Stock Incentive Plan and will vest in five equal annual installments of 20%, the first installment of 31,330 shares vested on the grant date of which 9,854 were withheld by First Connecticut Bancorp, Inc. for tax liablity purposes. An additional 20% to vest on each annual anniversary of the grant date thereafter.
- F2On 9/5/13 - 10,136 shares were withheld by First Connecticut Bancorp, Inc. for tax liability purposes with respect to the vesting of restricted stock previously reported.
- F3On 9/5/2014 10,136 Shares were withheld by First Connecticut Bancorp, Inc. for tax liability purposes with respect to the vesting of restricted stock previously reported.
- F4Stock options granted pursuant to the First Connecticut Bancorp, Inc.'s 2012 Non-Qualified Stock Option Award Agreement and are exercisable in equal 20% increments over a five year period, the first 20% having vested on the grant date and the subsequent vesting on each September 5th of the following years.