SEC Form 4 · accession 0000801337-17-000010
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Madar
Officer — Chief Accounting Officer
Period of report
Jan 23, 2017
Accepted (ET)
Jan 24, 2017 · 5:23 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 Stock | Jan 23, 2017 | S | 496 | $51.83 | D | 9,644 | D | |
| Common Stock | Jan 23, 2017 | M | 3,000 | $23.00 | A | 12,644 | D | |
| Common Stock | Jan 23, 2017 | S | 2,004 | $51.90 | D | 10,640 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $23.00 | Jan 23, 2017 | M | 3,000 | D | Feb 20, 2014 | Feb 20, 2023 | Common Stock | 3,000 | 3,000 | D |
Explanation of responses
- F13 yr. incremental vesting - 33-1/3% vests each year for 3 years.