SEC Form 4 · accession 0000801337-15-000115
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph J Savage
Officer — President
Period of report
Oct 26, 2015
Accepted (ET)
Oct 27, 2015 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000801337
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 26, 2015 | M | 34,400 | $12.85 | A | 72,122 | D | |
| Common Stock | Oct 26, 2015 | F | 17,885 | $37.14 | D | 54,237 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $12.85 | Oct 26, 2015 | M | 34,400 | D | Dec 16, 2009 | Dec 16, 2018 | Common Stock | 34,400 | 0 | D |
Explanation of responses
- F14 yr. incremental vesting - 25% vests each year for 4 years.