secwatch.observer — SEC 8-K summary
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Issuer:     WEBSTER FINANCIAL CORP (WBS)
CIK:        0000801337
Form:       8-K/A
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001140361-22-003763
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/801337/000114036122003763/0001140361-22-003763-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/801337/000114036122003763/brhc10033456_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-003763

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer