WEBSTER FINANCIAL CORP 4
4 · WEBSTER FINANCIAL CORP · Filed Dec 12, 2016
Insider Transaction Report
Form 4
SAVAGE JOSEPH J
EVP, Commercial Banking
Transactions
- Tax Payment
Common Stock
2016-12-09$54.32/sh−9,341$507,403→ 63,405 total - Exercise/Conversion
Stock Option
2016-12-09−10,079→ 0 totalExercise: $48.88From: 2007-12-19Exp: 2016-12-19→ Common Stock (10,079 underlying) - Exercise/Conversion
Common Stock
2016-12-09$48.88/sh+10,079$492,662→ 72,746 total
Footnotes (2)
- [F1]The reporting person exercised 10,079 stock options using 9,341 shares owned to pay the exercise price and the withholding taxes incurred in connection with the exercise.
- [F2]4 yr. incremental vesting - 25% vests each year for 4 years.