Schweighoffer Michael T 4/A
4/A · First Connecticut Bancorp, Inc. · Filed Sep 14, 2012
Insider Transaction Report
Form 4/AAmended
Schweighoffer Michael T
EVP, Chief Risk Officer
Transactions
- Award
Common Stock
2012-09-05$12.95/sh+75,000$971,250→ 75,000 total - Tax Payment
Common Stock
2012-09-05$12.95/sh−4,717$61,085→ 70,283 total - Award
Stock Options
2012-09-05+135,000→ 135,000 totalExercise: $12.95From: 2012-09-05Exp: 2022-09-05→ Common Stock (135,000 underlying)
Holdings
- 10,100(indirect: By Spouse)
Common Stock
- 504(indirect: ESOP)
Common Stock
Footnotes (3)
- [F1]Restricted stock granted pursuant to the First Connecticut Bancorp, Inc.'s 2012 Stock Incentive Plan and will vest in five equal annual installments of 20%, the first installment of 15,000 shares vested on the grant date, and the reporting person received 10,283 shares after netting for tax withholding purposes. An additional 20% to vest on each annual anniversary of the grant date thereafter.
- [F2]Represents shares withheld by First Connecticut Bancorp, Inc. for tax liability purposes with respect to the vesting of restricted stock previously reported.
- [F3]Stock options granted pursuant to the First Connecticut Bancorp, Inc.'s 2012 Non-Qualified Stock Option Award Agreement and are exercisable in equal 20% increments over a five year period, the first 20% having vested on the grant date and the subsequent vesting on each September 5th of the following years.