Cygnar Devin T. - 25 May 2021 Form 4 Insider Report for Northwest Bancshares, Inc. (NWBI)

Signature
Devin T. Cygnar
Issuer symbol
NWBI
Transactions as of
25 May 2021
Net transactions value
+$125,377
Form type
4
Filing time
27 May 2021, 12:27:22 UTC
Next filing
20 Jul 2023

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 $13.68 2,925 25 May 2021 Direct F1

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 F2
* 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 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.