Sara M. Longobardi - Jan 4, 2022 Form 4 Insider Report for People's United Financial, Inc. (PBCT)

Signature
/s/ Sara M. Longobardi
Stock symbol
PBCT
Transactions as of
Jan 4, 2022
Transactions value $
-$21,961
Form type
4
Date filed
1/5/2022, 01:21 PM
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 $122K +9.66K +6.17% $12.65 166K Jan 4, 2022 Direct
transaction PBCT Common Stock Tax liability -$144K -7.64K -4.6% $18.86 158K Jan 4, 2022 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 PBCT Employee Option to Buy Options Exercise $0 -9.66K -100% $0.00* 0 Jan 4, 2022 Common Stock 9.66K $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 83,609 shares owned indirectly through the People's United Bank 401(k) Plan (including 805 shares acquired through dividend reinvestment). Also includes 6,984 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 67 shares acquired through dividend reinvestment) based on 12/31/21 Plan Statements.
F2 Exercisable in annual increments on 3/1/14 (50%); 3/1/15 (25%); and 3/1/16 (25%).