John R. Ciulla - Mar 1, 2023 Form 4 Insider Report for WEBSTER FINANCIAL CORP (WBS)

Role
President and CEO, Director
Signature
Jennifer H. Daukas, attorney-in-fact
Stock symbol
WBS
Transactions as of
Mar 1, 2023
Transactions value $
-$869,490
Form type
4
Date filed
3/3/2023, 05:35 PM
Previous filing
Feb 2, 2023
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBS Common Stock Award $0 +24.4K +10.99% $0.00 246K Mar 1, 2023 Direct F1
transaction WBS Common Stock Tax liability -$173K -3.25K -1.32% $53.12 243K Mar 1, 2023 Direct F2
transaction WBS Common Stock Tax liability -$697K -13.4K -5.5% $52.14 230K Mar 2, 2023 Direct F3
holding WBS Common Stock 15.5K Mar 1, 2023 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of time-based restricted shares that will vest in three equal installments over the next three years.
F2 Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 1, 2022 that were previously reported.
F3 Represents the tax withholding upon the vesting of certain time-based restricted shares granted on March 2, 2020 that were previously reported.