SEC Form 4 · accession 0001225208-16-032305
HUNTINGTON BANCSHARES INC /MD/ · HBAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barbara H Benham
Officer — Executive Vice President
Period of report
May 1, 2016
Accepted (ET)
May 3, 2016 · 3:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000049196
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 1, 2016 | A | 11,307 | $0.00 | A | 110,344 | D | |
| Common StockF2 | May 1, 2016 | F | 1,034 | $10.06 | D | 109,310 | D | |
| Common Stock | holding | — | — | — | 674 | I | By Issuer's Investment and Tax Savings Plan (401(k) Plan) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee/Director Stock Option (Right to Buy)F3 | $10.06 | May 1, 2016 | A | 22,465 | A | May 1, 2017 | May 1, 2026 | Common Stock | 22,465 | 22,465 | D |
Explanation of responses
- F1An award of restricted stock units, to be released in shares of common stock, that vests in two equal installments: 50% on the third anniversary of the date of grant and 50% on the fourth anniversary of the date of grant.
- F2Shares were withheld to cover the associated tax liability upon the vesting of a previously granted award of RSUs .
- F3The options become exercisable in 4 equal annual increments beginning on the first anniversary of the date of grant. The date reported is the first anniversary when a portion of the options first become exercisable.