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4//SEC Filing

GRAVELINE MARK S 4

Accession 0001225208-11-016903

CIK 0001493552other

Filed

Jun 29, 8:00 PM ET

Accepted

Jun 30, 3:50 PM ET

Size

17.7 KB

Accession

0001225208-11-016903

Insider Transaction Report

Form 4
Period: 2011-06-29
GRAVELINE MARK S
SVP & Chief Lending Officer
Transactions
  • Other

    Common Stock

    2011-06-29+3,9093,909 total
  • Other

    Common Stock

    2011-06-29+2,8162,816 total(indirect: By ESOP)
  • Other

    Common Stock

    2011-06-29+598598 total(indirect: By Stock Award II)
  • Other

    Stock Option (right to buy)

    2011-06-29+7,9827,982 total
    Exercise: $11.12From: 2006-07-26Exp: 2015-07-26Common Stock (7,982 underlying)
  • Other

    Stock Option (right to buy)

    2011-06-29+997997 total
    Exercise: $11.12From: 2009-07-26Exp: 2018-07-26Common Stock (997 underlying)
  • Purchase

    Common Stock

    2011-06-29$8.00/sh+5,000$40,0005,000 total(indirect: By IRA)
Footnotes (5)
  • [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]Stock Awards granted pursuant to the Naugatuck Valley Financial Corporation 2005 Equity Incentive Plan vest in five equal annual installments commencing on July 26, 2009.
  • [F3]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.
  • [F4]Stock Options granted pursuant to the Naugatuck Valley Financial Corporation 2005 Equity Incentive Plan are fully vested and exercisable.
  • [F5]Stock Options granted pursuant to the Naugatuck Valley Financial Corporation 2005 Equity Incentive Plan vest in five equal annual installments commencing on July 26, 2009.

Issuer

Naugatuck Valley Financial Corp

CIK 0001493552

Entity typeother

Related Parties

1
  • filerCIK 0001319488

Filing Metadata

Form type
4
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 3:50 PM ET
Size
17.7 KB