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

Role
SEVP, Retail Lending
Signature
Louis J. Torchio
Stock symbol
NWBI
Transactions as of
May 25, 2021
Transactions value $
$302,448
Form type
4
Date filed
5/27/2021, 12:37 PM
Previous filing
May 21, 2021
Next filing
Jun 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWBI Northwest Bancshares, Inc. Common Stock Award $99.2K +7.25K +45.6% $13.68 23.2K May 25, 2021 Direct F1
transaction NWBI Northwest Bancshares, Inc. Common Stock Sale -$4.71K -339 -1.46% $13.88 22.8K May 26, 2021 Direct
transaction NWBI Northwest Bancshares, Inc. Common Stock Sale -$3.66K -266 -1.17% $13.75 22.5K May 26, 2021 Direct
holding NWBI Northwest Bancshares, Inc. Common Stock 8.57K 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 $212K +15.5K $13.68 15.5K May 25, 2021 Northwest Bancshares, Inc. Common Stock 15.5K $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.