SI Financial Group, Inc. 4
4 · SI Financial Group, Inc. · Filed Oct 28, 2013
Insider Transaction Report
Form 4
Wood Jonathan S
SVP-Retail Banking
Transactions
- Tax Payment
Common Stock
2013-10-24$11.65/sh−218$2,540→ 407 total
Holdings
- 2,500(indirect: By Performance Stock Award)
Common Stock
- 1,875(indirect: By Stock Award)
Common Stock
Footnotes (3)
- [F1]Since the reporting person's last report 625 shares previously held by Stock Award have vested and are now owned directly.
- [F2]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.
- [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.