BURNS KENNETH F (EVP, Director Retail Banking) sold 96.7% of their position (110.10K shares) of FIRST CONNECTICUT BANCORP, INC. on the open market

Open‑market sale worth $3.42M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

BURNS KENNETH F

Filed: 7/26/2018ACC: 0001140361-18-033702

InsiderBURNS KENNETH FCIK 1522909

→

IssuerFIRST CONNECTICUT BANCORP, INC.CIK 1511198

Officer· EVP, Director Retail Banking

Since Jul 2018

-110.10K

Net shares

Net seller

$3.42M

Total sold

Open market trades

0B · 3S

Total transactions

86.40K acquired · 196.50K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+86.40K

Price / share

$12.95

Trade value

$1.12M

% of position

New position

7/24/2018

0.00→86.40K

Common Stock

Direct

S · Sale

−26.45K

Price / share

$31.45

Trade value

$831.85K

% of position

30.6%

7/24/2018

86.40K→59.95K

Common Stock

Direct

S · Sale

−59.95K

Price / share

$30.83

Trade value

$1.85M

% of position

New position

7/25/2018

59.95K→0.00

Common Stock

Indirect

S · Sale

−23.70K

Price / share

$31.14

Trade value

$737.99K

% of position

86.4%

7/26/2018

27.43K→3.73K

Total

Net shares

−23.70K

Net value

-$2.30M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	7/24/2018	M · Option Exercise	+86.40K	$12.95	$1.12M	New position	0.00	86.40K
Common Stock Direct	7/24/2018	S · Sale	−26.45K	$31.45	$831.85K	30.6%	86.40K	59.95K
Common Stock Direct	7/25/2018	S · Sale	−59.95K	$30.83	$1.85M	New position	59.95K	0.00
Common Stock Indirect	7/26/2018	S · Sale	−23.70K	$31.14	$737.99K	86.4%	27.43K	3.73K
Total			−23.70K		-$2.30M

Derivative Transactions1

Stock Options

Direct

M · Option Exercise

Converts to

Common Stock

86.40K shares

−86.40K

Strike price

12.95

Held after

0.00

Exercisable

—

7/24/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options Direct	Common Stock86.40K shares	7/24/2018	M · Option Exercise	−86.40K	12.95	—	0.00

Non-Derivative Holdings (Post-Transaction)2

Common Stock

Direct

Shares owned25.33K

Common Stock

Indirect

Shares owned6.88K

Total

25.33K direct·6.88K indirect32.21K

Security Title	Shares Owned	Ownership Type
Common Stock	25.33K	Direct
Common Stock	6.88K	Indirect
Total	32.21K	25.33K direct·6.88K indirect

Derivative Holdings (Post-Transaction)4

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

1.61K

Shares owned

1.61K

Exercise price

25.05

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

2.50K

Shares owned

2.50K

Exercise price

25.05

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

2.48K

Shares owned

2.48K

Exercise price

24.45

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

828.00

Shares owned

828.00

Exercise price

25.75

Expiration

—

Exercise window

—

Total

Underlying

7.42K

Owned

7.42K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Common Stock	25.05	—	—	1.61K	1.61K
Restricted Stock Units Direct	Common Stock	25.05	—	—	2.50K	2.50K
Restricted Stock Units Direct	Common Stock	24.45	—	—	2.48K	2.48K
Restricted Stock Units Direct	Common Stock	25.75	—	—	828.00	828.00
Total					7.42K	7.42K