Webster Financial amends 8-K to detail Synergy Awards granted to four executives

WEBSTER FINANCIAL CORP

Amends Feb 1 2022 8-K to restate Synergy Awards paragraph under Item 5.02.
Grants time/performance-vesting restricted shares to Ciulla, MacInnes, Massiani, and Motl.
Awards incentivize integration of Webster and Sterling; one-third vest each year.
Performance periods: Feb-Dec 2022, Jan-Dec 2023, Jan-Dec 2024; vesting at 50%–100% of target.
Vesting subject to continued employment through anniversary after each performance period.

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