SI Financial Group, Inc. 4

4 · SI Financial Group, Inc. · Filed Feb 28, 2017

Form 4

Period: 2017-02-26

SVP-Retail Banking

Transactions

Holdings

Common Stock
(indirect: By 401(k))
4,333
Common Stock
(indirect: By ESOP)
3,125
Common Stock
(indirect: By Performance Stock Award)
0
Common Stock
(indirect: By Stock Award II)
2,666
Stock Options
Exercise: $11.01From: 2013-10-24Exp: 2020-10-24→ Common Stock (20,000 underlying)
20,000

Footnotes (5)

[F1]Since the reporting person's last report, 1,249 shares previously held by Performance Stock Award have vested and are now owned directly.
[F2]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
[F3]The performance stock award vests in four equal annual installments commencing on February 26, 2014 and in each case is subject to continued employment with the Company and the achievement of certain performance metrics. If such performance metrics have not been satisfied as of such dates the awards may vest on a subsequent vesting date if the tangible book value of the Company's common stock on that date equals or exceeds the value on the grant date. All unvested award shares after the fourth vesting date will be forfeited.
[F4]Stock Awards granted pursuant to the SI Financial Group, Inc. 2012 Equity Incentive Plan vest in three equal annual installments commencing on September 23, 2015.
[F5]Stock Options granted pursuant to the SI Financial Group, Inc. 2012 Equity Incentive Plan vest in five equal annual installments commencing on October 24, 2013.

Documents

1 file