Garvey Michael R 4
4 · SI Financial Group, Inc. · Filed Jan 13, 2011
Insider Transaction Report
Form 4
Garvey Michael R
Director
Transactions
- Other
Stock Options
2011-01-12+8,981→ 8,981 totalExercise: $13.93From: 2008-06-14Exp: 2017-06-14→ Common Stock (8,981 underlying) - Other
Common Stock
2011-01-12+545→ 1,170 total - Other
Common Stock
2011-01-12+360→ 360 total(indirect: By Stock Award) - Purchase
Common Stock
2011-01-12$8.00/sh+625$5,000→ 625 total - Other
Common Stock
2011-01-12+4,490→ 4,490 total(indirect: By IRA)
Footnotes (4)
- [F1]Pursuant to the Plan of Conversion and Reorganization, as amended and restated, each share of SI Financial Group, Inc. common stock was exchanged for 0.8981 shares of (new) SI Financial Group, Inc. common stock.
- [F2]Stock Awards granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan vest in five equal annual installments commencing on October 1, 2010.
- [F3]Pursuant to the Plan of Conversion and Reorganization, as amended and restated, each option to purchase a share of SI Financial Group, Inc. was converted into an option to purchase 0.8981 shares of (new) SI Financial Group, Inc. common stock, rounded to the nearest share. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 0.8981 exchange ratio, with such quotient rounded to the nearest whole cent. All such options continue to vest according to their original terms.
- [F4]Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan vest in five equal annual installments commencing on June 14, 2008.