SEC Form 4 · accession 0000801337-17-000009
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
Jan 23, 2017
Accepted (ET)
Jan 24, 2017 · 5:20 pm EST
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 StockF1 | Jan 23, 2017 | S | 7,000 | $51.708 | D | 29,216 | D | |
| Common Stock | Jan 23, 2017 | M | 10,334 | $23.00 | A | 39,550 | D | |
| Common StockF2 | Jan 23, 2017 | S | 6,671 | $51.765 | D | 32,879 | 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 | $23.00 | Jan 23, 2017 | M | 10,334 | D | Feb 22, 2014 | Feb 20, 2023 | Common Stock | 10,334 | 0 | D |
Explanation of responses
- F1The reporting person sold 7,000 shares of Webster Common Stock at prices ranging from $51.56 to $51.82. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F2The reporting person sold 6,671 shares of Webster Common Stock at prices ranging from $51.76 to $51.77. 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.