SEC Form 4 · accession 0000801337-16-000219
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Bley
Officer — EVP-Chief Risk Officer
Period of report
Aug 1, 2016
Accepted (ET)
Aug 2, 2016 · 6:26 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 | Aug 1, 2016 | S | 1,850 | $36.08 | D | 35,415 | D | |
| Common Stock | Aug 1, 2016 | M | 5,000 | $23.81 | A | 40,415 | D | |
| Common StockF1 | Aug 1, 2016 | S | 3,303 | $36.0023 | D | 37,112 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $23.81 | Aug 1, 2016 | M | 5,000 | D | Feb 22, 2013 | Feb 22, 2022 | Common Stock | 5,000 | 3,707 | D |
Explanation of responses
- F1The reporting person sold 3,303 shares of Webster Common Stock at prices ranging from $35.99 to $36.02. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F23 yr. incremental vesting - 33-1/3% vests each year for 3 years.