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WEBSTER FINANCIAL CORP — Director's Dealing 2019
Jan 23, 2019
30588_dirs_2019-01-23_8453e3a5-c57d-4675-b659-81e8317d5f5e.zip
Director's Dealing
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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership
Issuer: WEBSTER FINANCIAL CORP (WBS)
CIK: 0000801337
Period of Report: 2018-12-31
Reporting Person: SMITH JAMES COPENHAVER (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-10-23 | Common Stock | J | 146792 | — | Disposed | 456842.843 | Direct |
| 2018-12-27 | Common Stock | G | 25000 | — | Disposed | 431842.843 | Direct |
| 2018-12-28 | Common Stock | G | 20000 | — | Disposed | 411842.843 | Direct |
| 2018-12-31 | Common Stock | G | 25000 | — | Disposed | 386842.843 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock | $ | Common Stock (1722.962) | 113895.387 | Indirect |
Footnotes
F1: On October 23, 2018, the reporting person received a distribution of 146,792 shares of common stock previously beneficially owned through the issuer's 401(K) 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: Shares of phantom stock are payable in shares or in cash following termination of the reporting person's employment with Webster Financial Corporation
F4: Between January 1, 2018 and December 31, 2018, the reporting person acquired 1,722.962 shares of phantom stock under the Webster Deferred Compensation Plan.