SEC Form 4 · accession 0000801337-17-000114
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nitin J. Mhatre
Officer — EVP-Community Banking
Period of report
Aug 2, 2017
Accepted (ET)
Aug 3, 2017 · 3:30 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 2, 2017 | S | 20,000 | $51.38 | D | 23,120 | D | |
| Common Stock | Aug 2, 2017 | M | 19,984 | $12.85 | A | 43,104 | D | |
| Common StockF1 | Aug 2, 2017 | S | 11,940 | $51.2793 | D | 31,164 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $12.85 | Aug 2, 2017 | M | 19,984 | D | Dec 16, 2009 | Dec 16, 2018 | Common Stock | 19,984 | 0 | D |
Explanation of responses
- F1The reporting person sold 11,940 shares of Webster Common Stock at prices ranging from $51.26 to $51.38. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F24 yr. incremental vesting - 25% vests each year for 4 years.