SEC Form 4 · accession 0001140361-17-008858
First Connecticut Bancorp, Inc. · FBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Catherine M Burns
Officer — EVP, Chief Risk Officer
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 5:10 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 | holding | — | — | — | 4,500 | I | IRA | |
| Common Stock | holding | — | — | — | 5,812 | I | ESOP | |
| Common Stock | holding | — | — | — | 28,177 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $24.45 | Feb 21, 2017 | A | 1,215 | A | Feb 21, 2020 | Feb 21, 2020 | Common Stock | 1,215 | 1,215 | D |
| Restricted Stock UnitsF3 | $24.45 | Feb 21, 2017 | A | 2,430 | A | Feb 21, 2020 | Feb 21, 2020 | Common Stock | 2,430 | 2,430 | D |
| Stock OptionsF1 | $12.95 | holding | — | — | — | Sep 5, 2012 | Sep 5, 2022 | Common Stock | 68,400 | 68,400 | D |
Explanation of responses
- F1Stock 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.
- F2Represents restricted stock units issued to reporting person that will vest on February 21, 2020..
- F3Represents the maximum number of restricted stock units that may be earned by the reporting person pursuant to performance criteria vesting February 21, 2020 subject to an additional 2 year holding period.