Richard K. Laws - May 25, 2021 Form 4 Insider Report for Northwest Bancshares, Inc. (NWBI)

Role: EVP, Chief Legal Counsel
Signature: Richard K. Laws
Stock symbol: NWBI
Transactions as of: May 25, 2021
Transactions value $: $250,754
Form type: 4
Date filed: 5/26/2021, 02:08 PM
Next filing: May 20, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWBI	Northwest Bancshares, Inc. Common Stock	Award	$80K	+5.85K	+15.77%	$13.68	42.9K	May 25, 2021	Direct	F1
holding	NWBI	Northwest Bancshares, Inc. Common Stock						4.49K	May 25, 2021	401-K	F2

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	NWBI	Stock Options (Right to Buy)	Award	$171K	+12.5K		$13.68	12.5K	May 25, 2021	Northwest Bancshares, Inc. Common Stock	12.5K	$13.68	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	One fifth of this grant of RRP shares will vest each year beginning May 25, 2021 and on each May 25th thereafter through May 25, 2025.
F2	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F3	One fifth of this grant of stock options will vest each year beginning May 25, 2021 and on each May 25th thereafter through May 25, 2025.