Nimons William C 4

4 · Naugatuck Valley Financial Corp · Filed Jun 30, 2011

Form 4

Period: 2011-06-29

Senior Vice President

Transactions

Other
Common Stock
2011-06-29+9,718→ 9,718 total(indirect: By IRA)
Other
Common Stock
2011-06-29+9,718→ 9,718 total(indirect: By Spouse)
Other
Common Stock
2011-06-29+3,535→ 3,535 total(indirect: By ESOP)
Other
Stock Option (right to buy)
2011-06-29+17,960→ 17,960 total
Exercise: $11.12From: 2006-07-26Exp: 2015-07-26→ Common Stock (17,960 underlying)
Discretionary Transaction
Common Stock
2011-06-29$8.00/sh+7,870$62,960→ 16,620 total(indirect: By 401(k))
Other
Common Stock
2011-06-29+498→ 498 total(indirect: By Spouse)
Other
Common Stock
2011-06-29+498→ 2,498 total(indirect: By Trust)
Purchase
Common Stock
2011-06-29$8.00/sh+2,000$16,000→ 2,000 total(indirect: By Trust)
Other
Common Stock
2011-06-29+7,642→ 7,642 total
Other
Common Stock
2011-06-29+8,750→ 8,750 total(indirect: By 401(k))

Footnotes (3)

[F1]Pursuant to the Amended and Restated Plan of Conversion and Reorganization of Naugatuck Valley Mutual Holding Company, each share of common stock of Naugatuck Valley Financial Corporation (Federal corporation) was exchanged for 0.9978 share of common stock of Naugatuck Valley Financial Corporation (Maryland corporation).
[F2]Pursuant to the Amended and Restated Plan of Conversion and Reorganization of Naugatuck Valley Mutual Holding Company, each option to purchase shares of common stock of Naugatuck Valley Financial Corporation (Federal corporation) was converted into an option to purchase shares of common stock of Naugatuck Valley Financial Corporation (Maryland corporation) by multiplying the number of shares subject to each option by the 0.9978 exchange ratio, rounded down to the nearest share. The exercise price per share of each converted option was determined by dividing the exercise price of the option by the 0.9978 exchange ratio. All such converted options continue to vest based on their original terms.
[F3]Stock Options granted pursuant to the Naugatuck Valley Financial Corporation 2005 Equity Incentive Plan are fully vested and exercisable.

Documents

2 files