United Financial Bancorp, Inc. 4

Accession 0001209191-15-057920

CIK 0001501364operating

View on SEC.gov Company Profile

Filed

Jun 30, 8:00 PM ET

Accepted

Jul 1, 4:10 PM ET

Size

20.7 KB

Accession

0001209191-15-057920

Insider Transaction Report

Form 4

Period: 2014-06-29

United Financial Bancorp, Inc.UBNK

Santarelli Marino J

EVP/COO Rockville Bank

Transactions

Tax Payment
Common Stock
2015-06-29$13.48/sh−289$3,896→ 29,820.633 total

Holdings

Stock Options
Exercise: $9.71From: 2011-08-05Exp: 2021-07-18→ Common Stock (22,260 underlying)
22,260
Stock Options
Exercise: $13.25From: 2013-06-21Exp: 2023-06-21→ Common Stock (6,730 underlying)
6,730
Stock Options
Exercise: $13.73From: 2015-06-20Exp: 2024-06-20→ Common Stock (4,376 underlying)
4,376
Common Stock
(indirect: By 401(k))
3,144.147
Stock Options
Exercise: $13.25From: 2013-06-21Exp: 2023-06-21→ Common Stock (20,192 underlying)
20,192
Stock Options
Exercise: $13.73From: 2015-06-20Exp: 2024-06-20→ Common Stock (13,129 underlying)
13,129
Stock Options
Exercise: $10.99From: 2012-06-21Exp: 2022-06-21→ Common Stock (22,552 underlying)
22,552
Stock Options
Exercise: $10.99From: 2012-06-21Exp: 2022-06-21→ Common Stock (63,536 underlying)
63,536

Footnotes (14)

[F1]Shares allocated to the account of Mr. Santarelli under the Rockville Bank 401(k) Plan, of which all shares are vested as of December 31, 2014.
[F10]Stock options granted pursuant to the Rockville Financial, Inc. 2006 Stock Incentive Award Plan and are exercisable in equal 20% increments, the first 20% became exercisable on August 5, 2011 and the subsequent vesting on each annual anniversary of his hire date of July 18, 2011. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all options became 100% vested and exercisable.
[F11]Stock options granted pursuant to the Rockville Financial, Inc.'s 2006 Stock Incentive Award Plan and will become exercisable in five equal annual installments of 20%, with the first installment to vest on the grant date and an additional 20% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all options became 100% vested and exercisable.
[F12]Stock options granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and will become exercisable in four equal annual installments of 25%, with the first installment to vest on the grant date and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all options became 100% vested and exercisable.
[F13]Stock options granted pursuant to the Rockville Financial, Inc.'s 2006 Stock Incentive Award Plan and will become exercisable in five equal annual installments of 20%, with the first installment to vest at the one year anniversary of the the grant date and an additional 20% to vest on each annual anniversary of the grant date thereafter.
[F14]Stock options granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and will become exercisable in four equal annual installments of 25%, with the first installment to vest at the one year anniversary of the grant date and an additional 25% to vest on each annual anniversary of the grant date thereafter.
[F2]Includes 2,951 restricted shares granted pursuant to the Rockville Financial, Inc. 2006 Stock Incentive Award Plan. The original grant of 4,505 shares vest in equal 20% increments, the first 20% became vested on August 5, 2011 and the subsequent vesting will occur on each annual anniversary of his hire date of July 18, 2011. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all shares became 100% vested. The reported number of shares is net of 1,554 shares withheld by the Issuer for tax withholding purposes.
[F3]Includes 11,743 restricted shares granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 17,783 shares will vest in four equal annual installments of 25%, with the first installment to vest on June 21, 2012 and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all shares became 100% vested. The reported number of shares is net of 6,040 shares withheld by the Issuer for tax withholding purposes.
[F4]Includes 3,907 restricted stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, the original grant of 5,928 performance shares became 100% vested at target. The reported number of shares is net of 2,021 shares withheld by the Issuer for tax withholding purposes.
[F5]Includes 1,220 Shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 1,849 shares will vest in four equal annual installments of 25%, with the first installment to vest on June 21, 2013 and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all shares became 100% vested. The reported number of shares is net of 629 shares withheld by the Issuer for tax withholding purposes.
[F6]Includes 1,218 restricted stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, the original grant of 1,849 performance shares became 100% vested at target. The reported number of shares is net of 631 shares withheld by the Issuer for tax withholding purposes.
[F7]Includes 4,998 restricted stock shares granted pursuant to the Rockville Financial, Inc. 2012 Stock Incentive Plan and cliff vest on the third anniversary of the grant date, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
[F8]Includes 2,210 restricted shares granted pursuant to the Rockville Financial, Inc. 2012 Stock Incentive Plan. The original grant of 2,499 shares vest in equal 33% increments over a three year period, the first 33% vesting on June 20, 2015 and the subsequent vestings on each annual anniversary of the grant date thereafter. The reported number of shares is less 289 shares withheld by the Issuer for tax withholding purposes.
[F9]Transaction represents shares withheld by the Issuer for tax withholding purposes with respect to the vesting of Restricted Stock previously issued to the Reporting Person by the Issuer June 21, 2014 under its 2012 Stock Incentive Plan

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

United Financial Bancorp, Inc.

CIK 0001501364

→

Entity typeoperating

Related Parties

filerCIK 0001501364

Filing Metadata

Form type: 4
Filed: Jun 30, 8:00 PM ET
Accepted: Jul 1, 4:10 PM ET
Size: 20.7 KB

View on SEC.gov