SEC Form 4 · accession 0000035527-16-000153
FIFTH THIRD BANCORP · FITB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip McHugh
Officer — Executive Vice President
Period of report
Feb 11, 2016
Accepted (ET)
Feb 23, 2016 · 3:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000035527
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 11, 2016 | F | 1,366 | $13.94 | D | 131,229 | D | |
| Common StockF2,F3 | Feb 12, 2016 | A | 13,450 | — | A | 144,679 | D | |
| Common Stock | holding | — | — | — | 28,941 | I | by 401(k) | |
| Common Stock | holding | — | — | — | 1,447 | I | by Children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF3,F4 | $14.87 | Feb 12, 2016 | A | 17,401 | A | Feb 12, 2016 | Feb 12, 2026 | Common Stock | 17,401 | 302,378 | D |
Explanation of responses
- F1Shares withheld for taxes upon the vesting of restricted stock granted to the reporting person on February 11, 2015.
- F2Restricted stock units granted pursuant to Fifth Third Bancorp Incentive Compensation Plan subject to vesting in three equal annual installments beginning on the first anniversary of the grant date.
- F3Granted pursuant to Fifth Third Bancorp Incentive Compensation Plan. No consideration paid.
- F4Indicates grant date. Stock appreciation rights are exercisable as follows: 25% one year from grant date, 50% two years from grant date, 75% three years from grant date, and 100% four years from grant date.