SEC Form 4 · accession 0000801337-16-000198
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn I MacInnes
Officer — EVP-Chief Financial Officer
Period of report
Apr 29, 2016
Accepted (ET)
May 2, 2016 · 4:59 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 29, 2016 | M | 12,597 | $23.81 | A | 69,382 | D | |
| Common Stock | Apr 29, 2016 | F | 8,157 | $36.77 | D | 61,225 | D | |
| Common Stock | Apr 29, 2016 | M | 4,347 | $23.00 | A | 65,572 | D | |
| Common Stock | Apr 29, 2016 | F | 2,719 | $36.77 | D | 62,853 | 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 29, 2016 | M | 12,597 | D | Feb 22, 2013 | Feb 22, 2022 | Common Stock | 12,597 | 11,567 | D |
| Stock OptionF1 | $23.00 | Apr 29, 2016 | M | 4,347 | D | Feb 20, 2014 | Feb 20, 2023 | Common Stock | 4,347 | 22,828 | D |
Explanation of responses
- F13 yr. incremental vesting - 33-1/3% vests each year for 3 years.