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

Role
Sr Executive Vice President, Director
Signature
/s/ Kirk W. Walters
Issuer symbol
N/A
Transactions as of
23 Nov 2021
Net transactions value
-$247,423
Form type
4
Filing time
26 Nov 2021, 11:32:01 UTC
Next filing
18 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBCT Common Stock Options Exercise $1,093,377 +86,433 +291% $12.65 116,091 23 Nov 2021 Direct
transaction PBCT Common Stock Tax liability $1,340,800 -71,215 -61% $18.83 44,876 23 Nov 2021 Direct F1
holding PBCT Common Stock 44,867 23 Nov 2021 Lacey & Sadie, LLC
holding PBCT Common Stock 263,542 23 Nov 2021 Gus & Bonnie, LLC
holding PBCT Series A Nonconvertible Perpetual Preferred Stock 40,000 23 Nov 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 -86,433 -100% $0.000000* 0 23 Nov 2021 Common Stock 86,433 $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%).