SEC Form 4 · accession 0000801337-16-000184
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Madar
Officer — Chief Accounting Officer
Period of report
Apr 27, 2016
Accepted (ET)
Apr 28, 2016 · 3:07 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 | Apr 27, 2016 | S | 397 | $37.37 | D | 10,586 | D | |
| Common Stock | Apr 27, 2016 | M | 1,214 | $23.81 | A | 11,800 | D | |
| Common Stock | Apr 27, 2016 | S | 926 | $37.45 | D | 10,874 | D | |
| Common Stock | Apr 27, 2016 | M | 1,058 | $23.00 | A | 11,932 | D | |
| Common Stock | Apr 27, 2016 | S | 792 | $37.42 | D | 11,140 | 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 | $23.81 | Apr 27, 2016 | M | 1,214 | D | Feb 22, 2013 | Feb 22, 2022 | Common Stock | 1,214 | 0 | D |
| Stock OptionF1 | $23.00 | Apr 27, 2016 | M | 1,058 | D | Feb 20, 2014 | Feb 20, 2023 | Common Stock | 1,058 | 6,000 | D |
Explanation of responses
- F13 yr. incremental vesting - 33-1/3% vests each year for 3 years.