WEBSTER FINANCIAL CORP — Director's Dealing 2023

Feb 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WEBSTER FINANCIAL CORP (WBS)
CIK: 0000801337
Period of Report: 2023-02-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-01	Common Stock	A	13861	—	Acquired	220720	Direct
2023-02-01	Common Stock	F	12543	$52.65	Disposed	208177	Direct
2023-02-01	Common Stock	A	13861	—	Acquired	222038	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15024.888	Indirect

Footnotes

F1: The reported amount represents the amount of Performance Shares (in excess of the time-based Performance Shares previously reported on the Form 4 filed on February 3, 2022, as amended on February 2, 2023) that vested upon the achievement of performance metrics for the February 1, 2022 through December 31, 2022 performance period.

F2: Performance Shares granted on February 1, 2023, which will be eligible to vest in an amount ranging from 50% to 100% of target based on achievement of performance metrics in the January 1, 2023 through December 31, 2023 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.