GILLARD ROBERT O 4
4 · SI Financial Group, Inc. · Filed Jan 13, 2011
Insider Transaction Report
Form 4
GILLARD ROBERT O
Director
Transactions
- Other
Common Stock
2011-01-12+8,981→ 8,981 total - Other
Common Stock
2011-01-12+7,200→ 7,200 total(indirect: By IRA) - Other
Stock Options
2011-01-12+17,962→ 17,962 totalExercise: $11.25From: 2006-05-17Exp: 2015-05-17→ Common Stock (17,962 underlying) - Purchase
Common Stock
2011-01-12$8.00/sh+1,000$8,000→ 8,200 total(indirect: By IRA) - Other
Common Stock
2011-01-12+3,959→ 3,959 total(indirect: By Spouse)
Footnotes (3)
- [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]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.
- [F3]Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.