SEC Form 4 · accession 0001567619-18-001640
First Connecticut Bancorp, Inc. · FBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory A White
Officer — EVP, CFO, Treasurer
Period of report
Aug 20, 2018
Accepted (ET)
Aug 22, 2018 · 3:28 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 Stock | Aug 20, 2018 | M | 2,018 | $12.95 | A | 2,018 | D | |
| Common Stock | Aug 20, 2018 | S | 2,018 | $32.00 | D | 0 | D | |
| Common Stock | Aug 21, 2018 | M | 4,473 | $12.95 | A | 4,473 | D | |
| Common StockF1 | Aug 21, 2018 | S | 3,200 | $32.1266 | D | 1,273 | D | |
| Common StockF1 | Aug 21, 2018 | S | 1,273 | $32.2539 | D | 0 | D | |
| Common Stock | holding | — | — | — | 16,924 | I | Joint with Wife | |
| Common Stock | holding | — | — | — | 6,879 | I | ESOP | |
| Common Stock | holding | — | — | — | 47,538 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | $12.95 | Aug 20, 2018 | M | 2,018 | D | Sep 5, 2012 | Sep 5, 2022 | Common Stock | 66,491 | 64,473 | D |
| Common StockF2 | $12.95 | Aug 21, 2018 | M | 4,473 | D | Sep 5, 2012 | Sep 5, 2022 | Common Stock | 64,473 | 60,000 | D |
| Restricted Stock UnitsF3 | $25.75 | holding | — | — | — | Feb 21, 2018 | Feb 21, 2020 | Common Stock | 976 | 976 | D |
| Restricted Stock UnitsF4 | $24.45 | holding | — | — | — | Feb 21, 2020 | Feb 21, 2020 | Common Stock | 2,927 | 2,927 | D |
| Restricted Stock UnitsF5 | $25.05 | holding | — | — | — | Feb 28, 2019 | Feb 28, 2021 | Common Stock | 1,910 | 1,910 | D |
| Restricted Stock UnitsF6 | $25.05 | holding | — | — | — | Feb 28, 2021 | Feb 28, 2021 | Common Stock | 2,964 | 2,964 | D |
Explanation of responses
- F1Range of reported purchase price is $32.10 - 32.30. 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, 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.