WEBSTER FINANCIAL CORP — Director's Dealing 2017

Oct 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WEBSTER FINANCIAL CORP (WBS)
CIK: 0000801337
Period of Report: 2017-10-03

Reporting Person: SMITH JAMES COPENHAVER (Director, Chairman & Chief Executive Off)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-10-03	Common Stock	M	27996	$32.03	Acquired	336610	Direct
2017-10-03	Common Stock	F	22068	$52.82	Disposed	314542	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-10-03	Stock Option	$32.03	M	27996	Disposed	2017-12-18	Common Stock (27996)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	139922	Indirect
Common Stock	10554	Indirect
Common Stock	5698	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$12.85	2018-12-16	Common Stock (113674)	113674	Direct
Stock Option	$23.81	2022-02-22	Common Stock (112371)	112371	Direct
Stock Option	$23.00	2023-02-20	Common Stock (126373)	126373	Direct
Phantom Stock	$		Common Stock (236204)	236204	Indirect

Footnotes

F1: 4 yr. incremental vesting - 25% vests each year for 4 years.

F2: 3 yr. incremental vesting - 33-1/3% vests each year for 3 years.

F3: Each 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.

F4: Shares of phantom stock are payable in shares or in cash following termination of the reporting person's employment with Webster Financial Corporation.