Massiani Luis bought WBS
February 1, 2024 · Form 4 insider transaction
Massiani Luis bought 5,572 shares of Webster Financial Corp at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
The reported amount represents the amount of Performance Shares (in excess of the time-based Performance Shares previously reported on the Form 4s filed on February 3, 2022 and February 2, 2023) that vested upon the achievement of performance metrics for the January 1, 2023 through December 31, 2023 performance period. The remaining Performance Shares granted on February 1, 2022 will be eligible to vest in an amount ranging from 50% to 100% of target based on achievement of performance metrics in the January 1, 2024 through December 31, 2024 performance period.