Christopher J. Motl - Feb 1, 2024 Form 4 Insider Report for WEBSTER FINANCIAL CORP (WBS)

Signature
Jennifer H. Daukas, attorney-in-fact
Stock symbol
WBS
Transactions as of
Feb 1, 2024
Transactions value $
-$209,004
Form type
4
Date filed
2/2/2024, 04:13 PM
Previous filing
Jan 31, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBS Common Stock Award $0 +3.71K +5.87% $0.00 67K Feb 1, 2024 Direct F1
transaction WBS Common Stock Tax liability -$209K -4.22K -6.3% $49.48 62.8K Feb 1, 2024 Direct
holding WBS Common Stock 7.98K Feb 1, 2024 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported amount represents the amount of Performance Shares (in excess of the time-based Performance Shares previously reported on the Form 4s filed on February 3, 2022 and February 2, 2023) that vested upon the achievement of performance metrics for the January 1, 2023 through December 31, 2023 performance period. The remaining Performance Shares granted on February 1, 2022 will be eligible to vest in an amount ranging from 50% to 100% of target based on achievement of performance metrics in the January 1, 2024 through December 31, 2024 performance period.