Christopher J. Motl - 17 Feb 2023 Form 4 Insider Report for WEBSTER FINANCIAL CORP (WBS)

Signature
Jennifer H. Daukas, attorney-in-fact
Issuer symbol
WBS
Transactions as of
17 Feb 2023
Net transactions value
-$23,728
Form type
4
Filing time
21 Feb 2023, 17:56:55 UTC
Previous filing
02 Feb 2023
Next filing
03 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBS Common Stock Options Exercise $54,119 +2,353 +3.2% $23.00 76,038 17 Feb 2023 Direct
transaction WBS Common Stock Tax liability $77,847 -1,409 -1.9% $55.25 74,629 17 Feb 2023 Direct
holding WBS Common Stock 7,983 17 Feb 2023 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WBS Stock Option Options Exercise $0 -2,353 -100% $0.000000* 0 17 Feb 2023 Common Stock 2,353 $23.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to a three year incremental vesting period: 33-1/3% vested each year for three years.