4//SEC Filing
SMITH JAMES COPENHAVER 4
Accession 0001214659-19-004494
CIK 0000801337other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 3:29 PM ET
Size
8.9 KB
Accession
0001214659-19-004494
Insider Transaction Report
Form 4
SMITH JAMES COPENHAVER
DirectorChairman & Chief Executive Off
Transactions
- Exercise/Conversion
Common Stock
2019-07-01+12,857.395→ 328,254.238 total - Exercise/Conversion
Phantom Stock
2019-07-01−12,857.395→ 102,634.263 total(indirect: By Deferred Compensation Plan)→ Common Stock (12,857.395 underlying) - Disposition to Issuer
Common Stock
2019-07-01$47.54/sh−12,857.395$611,241→ 315,396.843 total
Footnotes (1)
- [F1]Shares of phantom stock are payable in shares or in cash following the reporting person's retirement from Webster Financial Corporation over a 10-year period. Each share of phantom stock represents the right to receive one share of Webster Financial Corporation common stock or the cash value thereof. On July 1, 2019, 12,857.395 units of the reporting person's phantom stock units, including 1,596.271 units attributable to dividend reinvestment, were settled in cash for $47.54 per share.
Documents
Issuer
WEBSTER FINANCIAL CORP
CIK 0000801337
Entity typeother
Related Parties
1- filerCIK 0001201277
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 3:29 PM ET
- Size
- 8.9 KB