SEC Form 4 · accession 0000801337-16-000238
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
Oct 25, 2016
Accepted (ET)
Oct 27, 2016 · 1:06 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 23, 2016 | G | 135 | $0.00 | D | 36,977 | D | |
| Common StockF1 | Oct 25, 2016 | S | 2,000 | $39.7644 | D | 34,977 | D | |
| Common Stock | Oct 25, 2016 | M | 3,707 | $23.81 | A | 38,684 | D | |
| Common StockF2 | Oct 25, 2016 | S | 2,468 | $39.7209 | D | 36,216 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $23.81 | Oct 25, 2016 | M | 3,707 | D | Feb 22, 2013 | Feb 22, 2022 | Common Stock | 3,707 | 0 | D |
Explanation of responses
- F1The reporting person sold 2,000 shares of Webster Common Stock at prices ranging from $39.75 to $39.77. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F2The reporting person sold 2,468 shares of Webster Common Stock at prices ranging from $39.67 to $39.77. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F33 yr. incremental vesting - 33-1/3% vests each year for 3 years.