DAVID W. HEETER - 25 May 2021 Form 4 Insider Report for Northwest Bancshares, Inc. (NWBI)

Signature
David W. Heeter
Issuer symbol
NWBI
Transactions as of
25 May 2021
Net transactions value
+$125,377
Form type
4
Filing time
27 May 2021, 09:15:40 UTC
Next filing
02 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWBI Northwest Bancshares, Inc. Common Stock Award $40,014 +2,925 +2.8% $13.68 108,556 25 May 2021 Direct F1
holding NWBI Northwest Bancshares, Inc. Common Stock 39,509 25 May 2021 401-K F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NWBI Stock Options (Right to Buy) Award $85,363 +6,240 $13.68 6,240 25 May 2021 Northwest Bancshares, Inc. Common Stock 6,240 $13.68 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One fifth of this grant of RRP shares will vest each year beginning May 25, 2021 and on each May 25th thereafter through May 25, 2025.
F2 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F3 One fifth of this grant of stock options will vest each year beginning May 25, 2021 and on each May 25th thereafter through May 25, 2025.