SEC Form 4
Washington, D.C. 20549


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*

(Last) (First) (Middle)


(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & Chief Executive Off
3. Date of Earliest Transaction (Month/Day/Year)
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/22/2012 S 7,500(1) D $21.7658(2) 320,597 D
Common Stock 176,264 I By Grantor Retained Annuity Trust
Common Stock 116,534 I 401(k)/ESOP
Common Stock 7,997 I Directly by Spouse
Common Stock 5,698 I Directly by Spouse IRA
Common Stock 80,188 I Trust for Children
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $34.6 12/16/2003(3) 12/16/2012 Common Stock 62,525 62,525 D
Stock Option $45.55 12/15/2004(3) 12/15/2013 Common Stock 65,728 65,728 D
Stock Option $49.62 12/20/2005(3) 12/20/2014 Common Stock 60,707 60,707 D
Stock Option $47.4 12/20/2006(3) 12/20/2015 Common Stock 47,182 47,182 D
Stock Option $48.88 12/19/2007(3) 12/19/2016 Common Stock 64,483 64,483 D
Stock Option $32.03 12/18/2008(3) 12/18/2017 Common Stock 106,199 106,199 D
Stock Option $12.85 12/16/2009(3) 12/16/2018 Common Stock 213,674 213,674 D
Stock Option $23.81 02/22/2013(4) 02/22/2022 Common Stock 112,371 112,371 D
Phantom Stock (5) (6) (6) Common Stock 156,806 156,806 I By Deferred Compensation Plan
Explanation of Responses:
1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 22, 2012.
2. The reporting person sold 7,500 shares of Webster Common Stock at prices ranging from $21.70 to $21.85. Full information regarding the number of shares sold at each separate price will be provided upon request.
3. 4 yr. incremental vesting - 25% vests each year for 4 years.
4. 3 yr. incremental vesting - 33-1/3% vests each year for 3 years.
5. 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.
6. Shares of phantom stock are payable in shares or in cash following termination of the reporting person's employment with Webster Financial Corporation.
Renee P. Seefried by Power of Attorney 08/23/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.