Jeffrey Hoyt - Feb 9, 2022 Form 4 Insider Report for People's United Financial, Inc. (PBCT)

Role
Chief Accounting Officer
Signature
/s/ Jeffrey A. Hoyt
Stock symbol
PBCT
Transactions as of
Feb 9, 2022
Transactions value $
-$267,592
Form type
4
Date filed
2/10/2022, 09:21 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 $342K +24.6K +80.11% $13.90 55.3K Feb 9, 2022 Direct
transaction PBCT Common Stock Options Exercise $671K +45.2K +81.75% $14.85 100K Feb 9, 2022 Direct
transaction PBCT Common Stock Options Exercise $386K +26.5K +26.37% $14.57 127K Feb 9, 2022 Direct
transaction PBCT Common Stock Tax liability -$1.67M -78.9K -62.12% $21.13 48.1K Feb 9, 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 -24.6K -100% $0.00* 0 Feb 9, 2022 Common Stock 24.6K $13.90 Direct F2
transaction PBCT Employee Option to Buy Options Exercise $0 -45.2K -100% $0.00* 0 Feb 9, 2022 Common Stock 45.2K $14.85 Direct F3
transaction PBCT Employee Option to Buy Options Exercise $0 -26.5K -100% $0.00* 0 Feb 9, 2022 Common Stock 26.5K $14.57 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 5,031 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 49 shares acquired through dividend reinvestment). Information is based on the 12/31/2022 Plan statement.
F2 Exercisable in annual increments on 3/1/15 (33 1/3%); 3/1/16 (33 1/3 %); and 3/1/17 (33 1/3%).
F3 Exercisable in annual increments on 3/1/16 (33 1/3%); 3/1/17 (33 1/3%); and 3/1/18 (33 1/3%).
F4 Exercisable in annual increments on 3/1/17 (33 1/3%); 3/1/18 (33 1/3%); and 3/1/19 (33 1/3%).