SMITH JAMES COPENHAVER 5
5 · WEBSTER FINANCIAL CORP · Filed Jan 23, 2019
Insider Transaction Report
Form 5
SMITH JAMES COPENHAVER
DirectorChairman & Chief Executive Off
Transactions
- Other
Common Stock
2018-10-23−146,792→ 456,842.843 total - Gift
Common Stock
2018-12-27−25,000→ 431,842.843 total - Gift
Common Stock
2018-12-28−20,000→ 411,842.843 total - Gift
Common Stock
2018-12-31−25,000→ 386,842.843 total
Holdings
- 113,895.387(indirect: By Deferred Compensation Plan)
Phantom Stock
→ Common Stock (1,722.962 underlying)
Footnotes (4)
- [F1]On October 23, 2018, the reporting person received a distribution of 146,792 shares of common stock previously beneficially owned through the issuer's 401(K) plan.
- [F2]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.
- [F3]Shares of phantom stock are payable in shares or in cash following termination of the reporting person's employment with Webster Financial Corporation
- [F4]Between January 1, 2018 and December 31, 2018, the reporting person acquired 1,722.962 shares of phantom stock under the Webster Deferred Compensation Plan.