SEC Form 4 · accession 0001140361-16-088977
First Connecticut Bancorp, Inc. · FBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Ziebka
Director
Period of report
Dec 5, 2016
Accepted (ET)
Dec 7, 2016 · 1:30 pm EST
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 | Dec 5, 2016 | S | 500 | $22.05 | D | 5,561 | D | |
| Common Stock | Dec 5, 2016 | S | 100 | $22.00 | D | 5,461 | D | |
| Common Stock | Dec 5, 2016 | S | 4,711 | $21.95 | D | 750 | D | |
| Common Stock | Dec 6, 2016 | S | 100 | $22.15 | D | 650 | D | |
| Common Stock | Dec 6, 2016 | S | 182 | $22.25 | D | 468 | D | |
| Common Stock | Dec 6, 2016 | S | 129 | $22.20 | D | 339 | D | |
| Common Stock | Dec 6, 2016 | S | 100 | $22.45 | D | 239 | D | |
| Common Stock | Dec 6, 2016 | S | 174 | $22.40 | D | 65 | D | |
| Common Stock | Dec 6, 2016 | S | 65 | $22.35 | D | 0 | D | |
| Common Stock | holding | — | — | — | 5,000 | D | ||
| Common StockF1,F2,F3 | holding | — | — | — | 27,260 | D | ||
| Common StockF4 | holding | — | — | — | 6,061 | D |
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 | 64,931 | D |
Explanation of responses
- F135,760 shares of restricted stock granted on 9/5/2012 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.
- F23,500 Shares sold on 11/5/2012 from the vested shares obtained from original grant of 35,760 of which 7,152 vested immediately.
- F35,000 Shares sold from the vested shares obtained from original grant of 35,760 of which 7,152 vested immediately, 7,152 vested on 9/5/13, 7,152 vested on 9/5/14 and 7,152 vested on 9/5/15.
- F4Balance of Options exercised on November 28, 2016.
- 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.