SEC Form 4 · accession 0001214659-18-003145
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Copenhaver Smith
Director
Period of report
Apr 26, 2018
Accepted (ET)
Apr 30, 2018 · 12:51 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 | Apr 26, 2018 | M | 5,640 | $12.85 | A | 364,833 | D | |
| Common StockF1 | Apr 26, 2018 | S | 5,640 | $60.57 | D | 359,193 | D | |
| Common Stock | Apr 27, 2018 | M | 54,360 | $12.85 | A | 413,553 | D | |
| Common StockF2 | Apr 27, 2018 | S | 54,360 | $60.50 | D | 359,193 | D | |
| Common Stock | holding | — | — | — | 143,771 | I | 401(k)/ESOP | |
| Common Stock | holding | — | — | — | 10,554 | I | Directly by Spouse | |
| Common Stock | holding | — | — | — | 5,698 | I | Directly by Spouse IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $12.85 | Apr 26, 2018 | M | 5,640 | D | Dec 16, 2009 | Dec 16, 2018 | Common Stock | 5,640 | 104,143 | D |
| Stock OptionF3 | $12.85 | Apr 27, 2018 | M | 54,360 | D | Dec 16, 2009 | Dec 16, 2018 | Common Stock | 54,360 | 55,423 | D |
Explanation of responses
- F1The reporting person sold 5,640 shares of Webster Common Stock at prices ranging from $60.50 to $60.66. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F2The reporting person sold 54,360 shares of Webster Common Stock at prices ranging from $60.50 to $60.78. Full information regarding the number of shares sold at each separate price will be provided upon request.
- F34 yr. incremental vesting - 25% vests each year for 4 years.