MacInnes Glenn I 4
4 · WEBSTER FINANCIAL CORP · Filed Feb 2, 2023
Insider Transaction Report
Form 4
MacInnes Glenn I
EVP-Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2023-02-01+2,772→ 167,553 total - Tax Payment
Common Stock
2023-02-01$52.65/sh−2,577$135,679→ 164,976 total
Footnotes (1)
- [F1]The reported amount represents the amount of Performance Shares (in excess of the time-based Performance Shares previously reported for such period on the Form 4 filed on February 3, 2022) that vested upon the achievement of performance metrics for the February 1, 2022 through December 31, 2022 performance period. The remaining Performance Shares granted on February 1, 2022 will be eligible to vest each year in an amount ranging from 50% to 100% of target based on achievement of performance metrics in each of the January 1, 2023 through December 31, 2023 and January 1, 2024 through December 31, 2024 performance periods.