4//SEC Filing
SI Financial Group, Inc. 4
Accession 0001225208-14-006537
CIK 0001500213operating
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 10:04 AM ET
Size
11.4 KB
Accession
0001225208-14-006537
Insider Transaction Report
Form 4
Garvey Michael R
Director
Transactions
- Award
Stock Options
2014-02-26+8,981→ 8,981 totalExercise: $11.71From: 2014-10-24Exp: 2024-02-26→ Common Stock (8,981 underlying)
Holdings
- 4,640(indirect: By IRA)
Common Stock
- 90(indirect: By Stock Award)
Common Stock
- 2,313
Common Stock
- 1,500(indirect: By Performance Stock Award)
Common Stock
- 8,981
Stock Options
Exercise: $13.93From: 2008-06-14Exp: 2017-06-14→ Common Stock (8,981 underlying) - 1,125(indirect: By Stock Award II)
Common Stock
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
Issuer
SI Financial Group, Inc.
CIK 0001500213
Entity typeoperating
Related Parties
1- filerCIK 0001500213
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 10:04 AM ET
- Size
- 11.4 KB