Filing Details
- Accession Number:
- 0000801337-12-000027
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-02-16 17:20:32
- Reporting Period:
- 2012-02-15
- Filing Date:
- 2012-02-16
- Accepted Time:
- 2012-02-16 17:20:32
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
801337 | Webster Financial Corp | WBS | National Commercial Banks (6021) | 061187536 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1201277 | Copenhaver James Smith | C/O Webster Financial Corp 145 Bank Street Waterbury CT 06702 | Chairman & Chief Executive Off | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2012-02-15 | 5,000 | $22.86 | 324,904 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Phantom Stock | Acquisiton | 2012-02-15 | 2,643 | $22.85 | 2,643 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
141,133 | No | 4 | A | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 184,457 | Indirect | By Grantor Retained Annuity Trust |
Common Stock | 116,534 | Indirect | 401(k)/ESOP |
Common Stock | 7,997 | Indirect | Directly by Spouse |
Common Stock | 5,698 | Indirect | Directly by Spouse IRA |
Common Stock | 80,188 | Indirect | Trust for Children |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option | $34.60 | 2003-12-16 | 2012-12-16 | 62,525 | 62,525 | Direct |
Common Stock | Stock Option | $45.55 | 2004-12-15 | 2013-12-15 | 65,728 | 65,728 | Direct |
Common Stock | Stock Option | $49.62 | 2005-12-20 | 2014-12-20 | 60,707 | 60,707 | Direct |
Common Stock | Stock Option | $47.40 | 2006-12-20 | 2015-12-20 | 47,182 | 47,182 | Direct |
Common Stock | Stock Option | $48.88 | 2007-12-19 | 2016-12-19 | 64,483 | 64,483 | Direct |
Common Stock | Stock Option | $32.03 | 2008-12-18 | 2017-12-18 | 106,199 | 106,199 | Direct |
Common Stock | Stock Option | $12.85 | 2009-12-16 | 2018-12-16 | 213,674 | 213,674 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2012-12-16 | 62,525 | 62,525 | Direct |
2013-12-15 | 65,728 | 65,728 | Direct |
2014-12-20 | 60,707 | 60,707 | Direct |
2015-12-20 | 47,182 | 47,182 | Direct |
2016-12-19 | 64,483 | 64,483 | Direct |
2017-12-18 | 106,199 | 106,199 | Direct |
2018-12-16 | 213,674 | 213,674 | Direct |
Footnotes
- The sales reported on this form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 21, 2010.
- 4 yr. incremental vesting - 25% vests each year for 4 years.
- Each share of phantom stock represents the right to receive one share of Webster Financial Corporation common stock or the cash value thereof. These shares are held in the Webster Deferred Compensation Plan.
- Shares of phantom stock are payable in shares or in cash following termination of the reporting person's employment with Webster Financial Corporation.