Ronald J. Seiffert - May 25, 2021 Form 4 Insider Report for Northwest Bancshares, Inc. (NWBI)

Signature
Ronald J. Seiffert
Stock symbol
NWBI
Transactions as of
May 25, 2021
Transactions value $
$509,580
Form type
4
Date filed
5/27/2021, 11:06 AM
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWBI Northwest Bancshares, Inc. Common Stock Award $181K +13.3K +33.08% $13.68 53.3K May 25, 2021 Direct F1
holding NWBI Northwest Bancshares, Inc. Common Stock 6.65K May 25, 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 $328K +24K $13.68 24K May 25, 2021 Northwest Bancshares, Inc. Common Stock 24K $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.