Christopher J. Motl - 01 Mar 2023 Form 4 Insider Report for WEBSTER FINANCIAL CORP (WBS)

Role
President, Commercial Banking
Signature
Jennifer H. Daukas, attorney-in-fact
Issuer symbol
WBS
Transactions as of
01 Mar 2023
Net transactions value
-$386,550
Form type
4
Filing time
03 Mar 2023, 17:39:44 UTC
Previous filing
21 Feb 2023
Next filing
05 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBS Common Stock Award $0 +7,210 +9.7% $0.000000 81,839 01 Mar 2023 Direct F1
transaction WBS Common Stock Tax liability $55,670 -1,048 -1.3% $53.12 80,791 01 Mar 2023 Direct F2
transaction WBS Common Stock Tax liability $330,880 -6,346 -7.9% $52.14 74,445 02 Mar 2023 Direct F3
holding WBS Common Stock 7,983 01 Mar 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.