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

Signature
Jennifer H. Daukas, attorney-in-fact
Stock symbol
WBS
Transactions as of
May 1, 2023
Transactions value $
$0
Form type
4
Date filed
5/2/2023, 04:20 PM
Previous filing
Mar 3, 2023
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBS Common Stock Award $0 +13.9K +6.03% $0.00 244K May 1, 2023 Direct F1
holding WBS Common Stock 15.5K May 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 The Performance Shares will be eligible to vest in an amount ranging from 50% to 100% of target based on the achievement of performance metrics for the January 1, 2024 through December 31, 2024 performance period. The reported amount represents 50% of the Performance Shares granted on May 1, 2023, which is the minimum portion that will vest subject to time vesting and other terms and conditions. The remaining portion of the Performance Shares granted on May 1, 2023 will be reported as of the date of vesting, if any.