Maryland
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333-171913
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45-1496206
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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TABLE OF CONTENTS
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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SIGNATURES
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
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EQUITY RETENTION POLICY
On January 28, 2013, the Compensation Committee (the “Committee”) of the Board of Directors of First Connecticut Bancorp, Inc. approved a Stock Retention Policy for Directors and Officers. Pursuant to the Retention Policy, the Company’s Directors must retain ownership of Company stock equal to 3 times their annual retainer fee and will have 5 years to satisfy the requirement. The Company’s CEO must retain ownership of Company stock equal to 2 times his base salary and the Company’s Named Executive Officers must retain ownership of Company stock equal to 1 times base salary. The Named Executive Officers and CEO will also have 5 years to satisfy the requirement. All shares over which the individual has voting control will be used in determining the number of shares retained.
All parties are in compliance with the policy as of the filing date.
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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FIRST CONNECTICUT BANCORP, INC.
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Registrant
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February 1, 2013
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By: /s/ John J. Patrick, Jr.
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John J. Patrick, Jr.
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Chairman, President and
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and Chief Executive Officer
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