First Connecticut Bancorp, Inc. 4
4 · First Connecticut Bancorp, Inc. · Filed Sep 7, 2016
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.