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SI Financial Group, Inc.·4

Feb 27, 10:04 AM ET

SI Financial Group, Inc. 4

4 · SI Financial Group, Inc. · Filed Feb 27, 2014

Insider Transaction Report

Form 4
Period: 2014-02-26
SI Financial Group, Inc.SIFI
Garvey Michael R
Director
Transactions
  • Award

    Stock Options

    2014-02-26+8,981→ 8,981 total
    Exercise: $11.71From: 2014-10-24Exp: 2024-02-26→ Common Stock (8,981 underlying)
Holdings

  • Common Stock

    (indirect: By IRA)
    4,640

  • Common Stock

    (indirect: By Stock Award)
    90

  • Common Stock

    2,313

  • Common Stock

    (indirect: By Performance Stock Award)
    1,500

  • Stock Options

    Exercise: $13.93From: 2008-06-14Exp: 2017-06-14→ Common Stock (8,981 underlying)
    8,981

  • Common Stock

    (indirect: By Stock Award II)
    1,125
Footnotes (8)
  • [F1]Since the reporting person's last report 90 shares previously held by Stock Award and 375 shares held by Stock Award II 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]Since the reporting person's last report 90 shares previously held by Stock Award have vested and are now owned directly.
  • [F4]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.
  • [F5]Since the reporting person's last report 375 shares held by Stock Award II have vested and are now owned directly.
  • [F6]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.
  • [F7]Stock Options granted pursuant to the SI Financial Group, Inc. 2012 Equity Incentive Plan vest in five equal annual installments commencing on October 24, 2014.
  • [F8]Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.

Documents

1 file
  • 4
    doc4.xmlPrimary