RICHARDS MARK W 4
4 · People's United Financial, Inc. · Filed Oct 24, 2017
Insider Transaction Report
Form 4
RICHARDS MARK W
Director
Transactions
- Exercise/Conversion
Common Stock
2017-10-24$15.66/sh+26,732$418,623→ 332,668 total - Sale
Common Stock
2017-10-24$18.89/sh−26,732$504,967→ 305,936 total - Exercise/Conversion
Director Option to Buy
2017-10-24−26,732→ 0 totalExercise: $15.66Exp: 2018-01-17→ Common Stock (26,732 underlying)
Holdings
- 8,000
Series A Nonconvertible Perpetual Preferred Stock
- 4,768(indirect: By daughter)
Common Stock
Footnotes (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $18.83 to $18.94. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the SEC staff, People's United Financial, Inc. or a shareholder of People's United Financial, Inc. full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Includes 135,962 investment units accrued under the Chittenden Corporation Deferred Compensation Plan (including 1,350 units accrued due to the deemed reinvestment of dividend equivalents). Each investment unit corresponds to one share of common stock.
- [F3]Exercisable in annual increments of 20% over the course of five years, beginning on the first anniversary of the date of the grant.