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

Role
President, Commercial Banking
Signature
Jennifer H. Daukas, attorney-in-fact
Stock symbol
WBS
Transactions as of
Feb 17, 2023
Transactions value $
-$23,728
Form type
4
Date filed
2/21/2023, 05:56 PM
Previous filing
Feb 2, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBS Common Stock Options Exercise $54.1K +2.35K +3.19% $23.00 76K Feb 17, 2023 Direct
transaction WBS Common Stock Tax liability -$77.8K -1.41K -1.85% $55.25 74.6K Feb 17, 2023 Direct
holding WBS Common Stock 7.98K Feb 17, 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 -2.35K -100% $0.00* 0 Feb 17, 2023 Common Stock 2.35K $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.