Sec Form 4 Filing - Rosato R David @ People's United Financial, Inc. - 2022-03-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Rosato R David
2. Issuer Name and Ticker or Trading Symbol
People's United Financial, Inc. [ PBCT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr EVP and CFO
(Last) (First) (Middle)
PEOPLE'S UNITED BANK, N.A., 850 MAIN STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2022
(Street)
BRIDGEPORT, CT06604
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2022 F 4,061( 1 ) D $ 20.0775( 2 ) 158,619 D
Common Stock 03/01/2022 A 10,594( 3 ) A $ 20.0775( 2 ) 169,213( 4 ) D
Common Stock 355 I IRA f/b/o Dana Rosato
Common Stock 120 I IRA f/b/o Kevin Rosato
Series A Nonconvertible Perpetual Preferred Stock 3,232 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Un derlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rosato R David
PEOPLE'S UNITED BANK, N.A.
850 MAIN STREET
BRIDGEPORT, CT06604
Sr EVP and CFO
Signatures
/s/ R. David Rosato 03/01/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares withheld in payment of taxes due on vesting of restricted shares.
( 2 )Price reported is the average of the high and low prices for the common stock as reported by the NASDAQ Stock Market on the transaction date.
( 3 )Represents performance shares granted on February 21, 2019 which vested at 123% of target, less 9,148 shares withheld in payment of taxes due.
( 4 )Includes 5,047 shares owned indirectly through the People's United Financial, Inc. Employee Stock Ownership Plan (including 49 shares acquired through dividend reinvestment). Information based on 12/31/21 Plan statement.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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