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WEBSTER FINANCIAL CORP — Director's Dealing 2022
Feb 7, 2022
30588_dirs_2022-02-07_62005f7a-2baf-4c6c-b97c-fe4630f6b4d1.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: WEBSTER FINANCIAL CORP (WBS)
CIK: 0000801337
Period of Report: 2022-01-31
Reporting Person: Ordonez Beatrice (Chief Innovation Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-31 | Common Stock | A | 69472 | — | Acquired | 69472 | Direct |
| 2022-02-01 | Common Stock | F | 1725 | $60.24 | Disposed | 67747 | Direct |
Footnotes
F1: Acquired in connection with the Merger Agreement by and between Webster Financial Corporation ("Webster") and Sterling Bancorp ("Sterling"), dated April 18, 2021, pursuant to which Sterling was merged with and into Webster, effective January 31, 2022 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of Sterling common stock was converted into the right to receive 0.4630 shares of Webster common stock.
F2: On February 2, 2022, the reporting person filed a Form 4 which inadvertently reported that the amount of securities disposed in the transaction was 1,860 shares of the issuer's common stock. In fact, as reported in this amendment, the amount of securities disposed in the transaction was 1,725 shares of the issuer's common stock.