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

Role
SEVP, Retail Lending
Signature
Louis J. Torchio
Issuer symbol
NWBI
Transactions as of
25 May 2021
Net transactions value
+$302,448
Form type
4
Filing time
27 May 2021, 12:37:59 UTC
Previous filing
21 May 2021
Next filing
16 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWBI Northwest Bancshares, Inc. Common Stock Award $99,180 +7,250 +46% $13.68 23,150 25 May 2021 Direct F1
transaction NWBI Northwest Bancshares, Inc. Common Stock Sale $4,705 -339 -1.5% $13.88 22,811 26 May 2021 Direct
transaction NWBI Northwest Bancshares, Inc. Common Stock Sale $3,657 -266 -1.2% $13.75 22,545 26 May 2021 Direct
holding NWBI Northwest Bancshares, Inc. Common Stock 8,571 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 $211,630 +15,470 $13.68 15,470 25 May 2021 Northwest Bancshares, Inc. Common Stock 15,470 $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.