4//SEC Filing
First Connecticut Bancorp, Inc. 4
Accession 0001140361-16-079087
CIK 0001511198operating
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 4:11 PM ET
Size
9.9 KB
Accession
0001140361-16-079087
Insider Transaction Report
Form 4
Burns Kenneth F
EVP, Director Retail Banking
Transactions
- Tax Payment
Common Stock
2016-09-02$17.66/sh−3,106$54,852→ 26,059 total
Holdings
- 27,329(indirect: By IRA)
Common Stock
- 4,649(indirect: ESOP)
Common Stock
- 86,400
Stock Options
Exercise: $12.95From: 2012-09-05Exp: 2022-09-05→ Common Stock (86,400 underlying)
Footnotes (10)
- [F1]48,000 Shares of 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 9,600 shares vested on the grant date of which 3,019 were withheld by First Connecticut Bancorp, Inc. for tax liability purposes. An additional 20% to vest on each annual anniversary of the grant date thereafter.
- [F10]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.
- [F2]1,500 shares sold on 12/03/12 from the vested shares obtained from original grant of 48,000 of which 9,600 shares vested immediately, the reporting person received 6,581 shares after netting for tax withholding purposes.
- [F3]1,000 shares sold on 06/14/13 from the vested shares obtained from original grant of 48,000 of which 9,600 shares vested immediately, the reporting person received 6,581 shares after netting for tax withholding purposes.
- [F4]3,000 shares sold on 9/11/13 from the vested shares obtained from original grant of 48,000 of which 9,600 shares vested immediately, the reporting person received 6,581 shares after netting for tax withholding purposes.
- [F5]9,600 shares vested on 9/5/13 of which 3,106 were withheld by First Connecticut Bancorp, Inc. for tax liablity purposes.
- [F6]1,000 shares sold on 6/12/14 from vested shares.
- [F7]On 9/5/14 3,104 Shares were withheld by First Connecticut Bancorp, Inc. for tax liability purposes with respect to the vesting of restricted stock previously reported.
- [F8]On 9/4/2015 3,106 Shares were withheld by First Connecticut Bancorp, Inc. for tax liability purposes with respect to the vesting of restricted stock previously reported.
- [F9]On 9/2/2016 3,106 Shares were withheld by First Connecticut Bancorp, Inc. for tax liability purposes with respect to the vesting of restricted stock previously reported.
Documents
Issuer
First Connecticut Bancorp, Inc.
CIK 0001511198
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001511198
Filing Metadata
- Form type
- 4
- Filed
- Sep 6, 8:00 PM ET
- Accepted
- Sep 7, 4:11 PM ET
- Size
- 9.9 KB