SEC Form 4 · accession 0001140361-18-011560
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
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 3:14 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 | — | — | — | 6,805 | I | ESOP | |
| Common Stock | holding | — | — | — | 28,177 | D | ||
| Common StockF1 | holding | — | — | — | 267 | 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 UnitsF5 | $25.05 | Feb 28, 2018 | A | 1,574 | A | Feb 28, 2019 | Feb 28, 2021 | Common Stock | 1,574 | 1,574 | D |
| Restricted Stock UnitsF6 | $25.05 | Feb 28, 2018 | A | 2,443 | A | Feb 28, 2021 | Feb 28, 2021 | Common Stock | 2,443 | 2,443 | D |
| Stock OptionsF2 | $12.95 | holding | — | — | — | Sep 5, 2012 | Sep 5, 2022 | Common Stock | 68,400 | 68,400 | D |
| Restricted Stock UnitsF3 | $25.75 | holding | — | — | — | Feb 21, 2018 | Feb 21, 2020 | Common Stock | 810 | 810 | D |
| Restricted Stock UnitsF4 | $24.45 | holding | — | — | — | Feb 21, 2020 | Feb 21, 2020 | Common Stock | 2,430 | 2,430 | D |
Explanation of responses
- F1138 Shares were withheld by First Connecticut Bancorp, Inc. for tax liability purposes with respect to the 405 shares of restricted stock that vested on 2/21/18.
- F2Stock options are fully vested.
- F3Represents restricted stock units issued to reporting person that will vest on February 21, 2018 (already vested), 2019 and 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.
- F5Represents restricted stock units issued to reporting person that will vest on February 28, 2019, 2020 and 2021.
- F6Represents the maximum number of restricted stock units that may be earned by the reporting person pursuant to performance criteria vesting February 28, 2021 subject to an additional 2 year holding period.