SI Financial Group, Inc. 4
4 · SI Financial Group, Inc. · Filed Sep 3, 2013
Insider Transaction Report
Form 4
Garvey Michael R
Director
Transactions
- Purchase
Common Stock
2013-08-29$11.19/sh+150$1,679→ 4,640 total(indirect: By IRA) - Purchase
Common Stock
2013-08-29$11.21/sh+300$3,363→ 1,650 total
Holdings
- 1,500(indirect: By Stock Award II)
Common Stock
- 1,500(indirect: By Performance Stock Award)
Common Stock
- 180(indirect: By Stock Award)
Common Stock
- 8,981
Stock Options
Exercise: $13.93From: 2008-06-14Exp: 2017-06-14→ Common Stock (8,981 underlying)
Footnotes (4)
- [F1]The performance stock award vests in four equal annual installments commencing on February 26, 2014 and in each case is subject to continued employment with the Company and the achievement of certain performance metrics. If such performance metrics have not been satisfied as of such dates the awards may vest on a subsequent vesting date if the tangible book value of the Company's common stock on that date equals or exceeds the value on the grant date. All unvested award shares after the fourth vesting date will be forfeited.
- [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]Stock Awards granted pursuant to the SI Financial Group, Inc. 2012 Equity Incentive Plan vest in four equal annual installments commencing on October 24, 2013.
- [F4]Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.