Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
BROMAGE WILLIAM T
  2. Issuer Name and Ticker or Trading Symbol
WEBSTER FINANCIAL CORP [WBS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President
(Last)
(First)
(Middle)
WEBSTER PLAZA
3. Date of Earliest Transaction (Month/Day/Year)
12/20/2005
(Street)

WATERBURY, CT 06702
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 12/20/2005   A   6,343 A $ 0 49,546 D  
Common Stock               4,008 I 401(k)
Common Stock               1,290 I ESOP
Common Stock               1,899 I ESPP

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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 Underlying Securities
(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 of Derivative Security: 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 Options (Right to buy) $ 21.875             04/27/2000 04/27/2010 Common Stock 10,000   10,000 D  
Stock Options (Right to buy) $ 22.81             10/23/2003 10/23/2010 Common Stock 119,800   119,800 D  
Stock Options (Right to buy) $ 24.625             12/07/2002 12/07/2009 Common Stock 13,550   13,550 D  
Stock Options (Right to buy) $ 25.5             09/23/2002 09/23/2009 Common Stock 10,000   10,000 D  
Stock Options (Right to buy) $ 29.84             12/17/2004 12/17/2011 Common Stock 29,950   29,950 D  
Stock Options (Right to buy) $ 34.6             12/16/2003 12/16/2012 Common Stock 30,219   30,219 (1) D  
Stock Options (Right to buy) $ 45.55             12/15/2004 12/15/2013 Common Stock 29,343   29,343 (1) D  
Stock Options (Right to buy) $ 47.4 12/20/2005   A   23,408   12/20/2006 12/20/2015 Common Stock 23,408 $ 47.4 23,408 (1) D  
Stock Options (Right to buy) $ 49.62             12/20/2005 12/20/2014 Common Stock 30,113   30,113 (1) D  
Stock Option $ 19.0938             12/23/1998 12/23/2006 Common Stock 10,000   10,000 D  
Stock Option $ 26.5             12/17/2001 12/17/2008 Common Stock 8,750   8,750 D  
Stock Option $ 31.75             12/15/2000 12/15/2007 Common Stock 12,000   12,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BROMAGE WILLIAM T
WEBSTER PLAZA
WATERBURY, CT 06702
  X     President  

Signatures

 Renee P. Seefried by Power of Atty.   12/22/2005
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) 4 yr. incremental vesting - 25% vests each year for 4 years

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