SEC Form 4 · accession 0001140361-16-079086
First Connecticut Bancorp, Inc. · FBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine M Burns
Officer — EVP, Chief Risk Officer
Period of report
Sep 2, 2016
Accepted (ET)
Sep 7, 2016 · 4:09 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,F5 | Sep 2, 2016 | F | 2,459 | $17.66 | D | 28,177 | D | |
| Common Stock | holding | — | — | — | 4,500 | I | IRA | |
| Common Stock | holding | — | — | — | 4,649 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF6 | $12.95 | holding | — | — | — | Sep 5, 2012 | Sep 5, 2022 | Common Stock | 68,400 | 68,400 | D |
Explanation of responses
- F138,000 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 5,210 shares vested on the grant date. An additional 20% to vest on each annual anniversary of the grant date thereafter.
- F2On 9/5/2013 2,449 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 2,456 Shares were withheld by First Connecticut Bancorp, Inc. for tax liability purposes with respect to the vesting of restricted stock previously reported.
- F4On 9/4/2015 2,459 Shares were withheld by First Connecticut Bancorp, Inc. for tax liability purposes with respect to the vesting of restricted stock previously reported.
- F5On 9/2/2016 2,459 Shares were withheld by First Connecticut Bancorp, Inc. for tax liability purposes with respect to the vesting of restricted stock previously reported.
- F6Stock 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.