First Connecticut Bancorp, Inc. 4
4 · First Connecticut Bancorp, Inc. · Filed Dec 14, 2016
Insider Transaction Report
Form 4
Burns Kenneth F
EVP, Director Retail Banking
Transactions
- Purchase
Common Stock
2016-12-14$22.58/sh+100$2,258→ 27,429 total(indirect: By IRA)
Holdings
- 4,649(indirect: ESOP)
Common Stock
- 86,400
Stock Options
Exercise: $12.95From: 2012-09-05Exp: 2022-09-05→ Common Stock (86,400 underlying) - 26,059
Common Stock
Footnotes (2)
- [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. As of the Transaction Date, all Shares have vested.
- [F2]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.