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WEBSTER FINANCIAL CORP — Director's Dealing 2018
May 24, 2018
30588_dirs_2018-05-24_1e99eeef-e1f1-4375-ba00-2eb0a824e100.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WEBSTER FINANCIAL CORP (WBS)
CIK: 0000801337
Period of Report: 2018-05-23
Reporting Person: SMITH JAMES COPENHAVER (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-23 | Common Stock | M | 49783 | $12.850 | Acquired | 408976 | Direct |
| 2018-05-23 | Common Stock | F | 9730 | $65.740 | Disposed | 399246 | Direct |
| 2018-05-23 | Common Stock | F | 18560 | $65.740 | Disposed | 380686 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-23 | Stock Option | $12.85 | M | 49783 | Disposed | 2018-12-16 | Common Stock (49783) | Direct |
Footnotes
F1: The reporting person exercised 49,783 stock options using 28,290 shares owned to pay the exercise price and the withholding taxes incurred in connection with the exercise.
F2: 4 yr. incremental vesting - 25% vests each year for 4 years.
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