SEC Form 4 · accession 0000801337-16-000246
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph J Savage
Officer — Executive Vice Chairman
Period of report
Oct 31, 2016
Accepted (ET)
Nov 1, 2016 · 5:49 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 | Oct 31, 2016 | M | 16,601 | $32.03 | A | 76,826 | D | |
| Common Stock | Oct 31, 2016 | F | 14,159 | $40.23 | D | 62,667 | 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 | $32.03 | Oct 31, 2016 | M | 16,601 | D | Dec 18, 2008 | Dec 18, 2017 | Common Stock | 16,601 | 0 | D |
Explanation of responses
- F14 yr. incremental vesting - 25% vests each year for 4 years.