SEC Form 4 · accession 0001140361-18-010119
First Connecticut Bancorp, Inc. · FBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth F Burns
Officer — EVP, Director Retail Banking
Period of report
Feb 22, 2018
Accepted (ET)
Feb 26, 2018 · 3:19 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 StockF1 | Feb 22, 2018 | S | 205 | $25.326 | D | 25,854 | D | |
| Common StockF1 | Feb 23, 2018 | S | 795 | $25.2563 | D | 25,059 | D | |
| Common Stock | holding | — | — | — | 27,429 | I | IRA | |
| Common Stock | holding | — | — | — | 6,879 | 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 OptionsF2 | $12.95 | holding | — | — | — | Sep 5, 2012 | Sep 5, 2022 | Common Stock | 86,400 | 86,400 | D |
| Restricted Stock UnitsF3 | $24.45 | holding | — | — | — | Feb 21, 2020 | Feb 21, 2020 | Common Stock | 1,242 | 1,242 | D |
| Restricted Stock UnitsF4 | $24.45 | holding | — | — | — | Feb 21, 2020 | Feb 21, 2020 | Common Stock | 2,485 | 2,485 | D |
Explanation of responses
- F1Range of reported sale price is $25.25 - 25.40. Reporting person agrees to provide individual transaction information to SEC upon request.
- F2Stock options are fully vested.
- F3Represents restricted stock units issued to reporting person that will vest on February 21, 2020.
- F4Represents 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.