SEC Form 4 · accession 0000801337-16-000220
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harriet Munrett Wolfe
Officer — EVP - General Counsel
Period of report
Aug 1, 2016
Accepted (ET)
Aug 2, 2016 · 6:45 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 | M | 9,510 | $32.03 | A | 55,915 | D | |
| Common Stock | Aug 1, 2016 | F | 1,581 | $35.96 | D | 54,334 | D | |
| Common StockF1 | Aug 1, 2016 | S | 5,762 | $36.0402 | D | 48,572 | D | |
| Common Stock | Aug 1, 2016 | M | 12,543 | $12.85 | A | 61,115 | D | |
| Common Stock | Aug 1, 2016 | S | 3,089 | $36.011 | D | 58,026 | 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 | $32.03 | Aug 1, 2016 | M | 9,510 | D | Dec 18, 2008 | Dec 18, 2017 | Common Stock | 9,510 | 0 | D |
| Stock OptionF2 | $12.85 | Aug 1, 2016 | M | 12,543 | D | Dec 16, 2009 | Dec 16, 2018 | Common Stock | 12,543 | 8,836 | D |
Explanation of responses
- F1The reporting person sold 5,762 shares of Webster Common Stock at prices ranging from $36.04 to $36.05. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F24 yr. incremental vesting - 25% vests each year for 4 years.