SEC Form 4 · accession 0001140361-15-034855
First Connecticut Bancorp, Inc. · FBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald A Bucchi
Director
Period of report
Sep 10, 2015
Accepted (ET)
Sep 11, 2015 · 1:12 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 StockF1,F2,F3,F4 | Sep 10, 2015 | S | 3,104 | $16.835 | D | 25,352 | D | |
| Common Stock | holding | — | — | — | 15,000 | I | IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF5 | $12.95 | holding | — | — | — | Sep 5, 2012 | Sep 5, 2022 | Common Stock | 84,931 | 84,931 | D |
Explanation of responses
- F135,760 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 7,152 shares vested on the grant date and an additional 20% to vest on each annual anniversary of the grant date thereafter.
- F23,652 Shares sold from the vested shares obtained from original grant of 35,760 of which 7,152 vested immediately.
- F33,652 Shares sold from the vested shares obtained from original grant of 35,760 of which 7,152 vested immediately and 7,152 vested on 9/5/2013.
- F43,104 Shares sold from the vested shares obtained from original grant of 35,760 of which 7,152 vested immediately, 7,152 vested on 9/5/2013, 7,152 vested on 9/5/2014 and 7,152 vested 9/4/2015.
- F5Stock 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.