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WEBSTER FINANCIAL CORP — Director's Dealing 2018
Jul 3, 2018
30588_dirs_2018-07-03_3726d4ce-5c17-43d1-9e54-be328c3deb43.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: 2018-07-02
Reporting Person: SMITH JAMES COPENHAVER (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-07-02 | Common Stock | M | 14310.0173 | — | Acquired | 394996.0173 | Direct |
| 2018-07-02 | Common Stock | F | 70450 | $63.70 | Disposed | 324546.0173 | Direct |
| 2018-07-02 | Common Stock | A | 245.136 | — | Acquired | 324791.1533 | Direct |
| 2018-07-02 | Common Stock | F | 11304 | $63.70 | Disposed | 313487.1533 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-02 | Phantom Stock | $ | M | 24367.051 | Disposed | Common Stock (24367.051) | Indirect |
Footnotes
F1: 14,310.073 Shares of Webster Financial Corporation common stock acquired through July 2, 2018 under the Webster Dividend Reinvestment Plan.
F2: 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.
F3: 245.136 Shares of Webster Financial Corporation common stock acquired through July 2, 2018 under the Webster Dividend Reinvestment Plan.
F4: Shares 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.