WEBSTER FINANCIAL CORP — Director's Dealing 2023

Feb 2, 2023

SEC Form 4/A — Form 4/A

Issuer: WEBSTER FINANCIAL CORP (WBS)
CIK: 0000801337
Period of Report: 2022-02-01

Reporting Person: CIULLA JOHN R (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-01	Common Stock	A	13861	—	Acquired	181527	Direct

Footnotes

F1: The original Form 4, filed on February 3, 2022 (the "Original Form 4"), that reported the grant of Performance Shares under Webster's 2021 Incentive Plan (the "2021 Plan"), is being amended by this filing to reflect the downward adjustment to the number of Performance Shares granted to the Reporting Person in Column 4 from 41,583.5 shares to 13,861 shares, pursuant to the terms of the Award Amendment, dated February 1, 2023, to correct an administrative error. All other terms of the original Performance Shares remain unchanged.

F2: The Performance Shares will be eligible to vest in an amount ranging from 50% to 100% of target based on the achievement of performance metrics for the February 1, 2022 through December 31, 2022 performance period. The reported amount represents 50% of the Performance Shares granted on February 1, 2022, which is the minimum portion that will vest subject to time vesting and other terms and conditions. The remaining portion of the Performance Shares granted on February 1, 2022 will be reported as of the date of vesting, if any.