SEC Form 4 · accession 0000801337-17-000015
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Michael Jacobi
Director
Period of report
Jan 26, 2017
Accepted (ET)
Jan 27, 2017 · 4:15 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 26, 2017 | M | 4,971 | $45.55 | A | 23,389 | D | |
| Common StockF1 | Jan 26, 2017 | S | 4,971 | $54.5523 | D | 18,418 | D | |
| Common Stock | Jan 26, 2017 | M | 11,516 | $25.15 | A | 29,934 | D | |
| Common StockF2 | Jan 26, 2017 | S | 11,516 | $54.4823 | D | 18,418 | D | |
| Common Stock | Jan 26, 2017 | M | 25,423 | $5.14 | A | 43,841 | D | |
| Common StockF3 | Jan 26, 2017 | S | 25,423 | $54.5763 | D | 18,418 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $45.55 | Jan 26, 2017 | M | 4,971 | D | Apr 26, 2008 | Apr 26, 2017 | Common Stock | 4,971 | 0 | D |
| Stock Option | $25.15 | Jan 26, 2017 | M | 11,516 | D | Apr 24, 2009 | Apr 24, 2018 | Common Stock | 11,516 | 0 | D |
| Stock Option | $5.14 | Jan 26, 2017 | M | 25,423 | D | Apr 23, 2010 | Apr 23, 2019 | Common Stock | 25,423 | 0 | D |
Explanation of responses
- F1The reporting person sold 4,971 shares of Webster Common Stock at prices ranging from $54.44 to $54.81. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F2The reporting person sold 11,516 shares of Webster Common Stock at prices ranging from $54.43 to $54.69. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F3The reporting person sold 25,423 shares of Webster Common Stock at prices ranging from $54.33 to $54.81 Full information regarding the number of shares sold at each separate price will be provided upon request.