SEC Form 4 · accession 0001214659-18-004769
WEBSTER FINANCIAL CORP · WBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Copenhaver Smith
Director
Period of report
Jul 2, 2018
Accepted (ET)
Jul 3, 2018 · 5:05 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 StockF1,F2 | Jul 2, 2018 | M | 14,310 | — | A | 394,996 | D | |
| Common Stock | Jul 2, 2018 | F | 70,450 | $63.70 | D | 324,546 | D | |
| Common StockF3 | Jul 2, 2018 | A | 245 | — | A | 324,791 | D | |
| Common Stock | Jul 2, 2018 | F | 11,304 | $63.70 | D | 313,487 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF4 | — | Jul 2, 2018 | M | 24,367 | D | — | — | Common Stock | 24,367 | 222,172 | I |
Explanation of responses
- F114,310.073 Shares of Webster Financial Corporation common stock acquired through July 2, 2018 under the Webster Dividend Reinvestment Plan.
- F2Each share of phantom stock represents the right to receive one share of Webster Financial Corporation common stock or the cash value thereof. These shares are held in the Webster Deferred Compensation Plan.
- F3245.136 Shares of Webster Financial Corporation common stock acquired through July 2, 2018 under the Webster Dividend Reinvestment Plan.
- F4Shares of phantom stock are payable in shares or in cash following the reporting person's retirement from Webster Financial Corporation. Each share of phantom stock represents the right to receive one share of Webster Financial Corporation common stock or the cash value thereof. On July 2, 2018, 24,367.051 units of the reporting person's phantom stock units including 2,379.058 units attributable to dividend reinvestment were settled in cash for $64.45 per share.