Kirk W. Walters - Nov 23, 2021 Form 4 Insider Report for People's United Financial, Inc. (PBCT)

Role
Sr Executive Vice President, Director
Signature
/s/ Kirk W. Walters
Stock symbol
PBCT
Transactions as of
Nov 23, 2021
Transactions value $
-$247,423
Form type
4
Date filed
11/26/2021, 11:32 AM
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBCT Common Stock Options Exercise $1.09M +86.4K +291.43% $12.65 116K Nov 23, 2021 Direct
transaction PBCT Common Stock Tax liability -$1.34M -71.2K -61.34% $18.83 44.9K Nov 23, 2021 Direct F1
holding PBCT Common Stock 44.9K Nov 23, 2021 Lacey & Sadie, LLC
holding PBCT Common Stock 264K Nov 23, 2021 Gus & Bonnie, LLC
holding PBCT Series A Nonconvertible Perpetual Preferred Stock 40K Nov 23, 2021 Gus & Bonnie, LLC

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 PBCT Employee Option to Buy Options Exercise $0 -86.4K -100% $0.00* 0 Nov 23, 2021 Common Stock 86.4K $12.65 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 9,140 shares owned indirectly through the People's United Bank 401(k) Plan (including 101 shares acquired through dividend reinvestment) and 3,713 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 41 shares acquired through dividend reinvestment). Information is based on 9/30/21 Plan statements.
F2 Exercisable in annual increments on 3/1/14 (50%); 3/1/15 (25%); and 3/1/16 (25%).