Lee C. Powlus - Jan 5, 2022 Form 4 Insider Report for People's United Financial, Inc. (PBCT)

Role
Sr Ex VP & Chief Admin Officer
Signature
/s/ Lee C. Powlus
Stock symbol
PBCT
Transactions as of
Jan 5, 2022
Transactions value $
-$62,024
Form type
4
Date filed
1/6/2022, 09:46 AM
Previous filing
May 24, 2021
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 $334K +26.4K +16.97% $12.65 182K Jan 5, 2022 Direct
transaction PBCT Common Stock Tax liability -$397K -20.6K -11.31% $19.23 162K Jan 5, 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 -26.4K -100% $0.00* 0 Jan 5, 2022 Common Stock 26.4K $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 2,847 shares owned indirectly through the People's United Bank 401(k) Plan (including 101 shares acquired through dividend reinvestment) and 4,949 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 12/31/21 Plan statements.
F2 Exercisable in annual increments on 3/1/14 (50%); 3/1/15 (25%); and 3/1/16 (25%).