SI Financial Group, Inc. 4
4 · SI Financial Group, Inc. · Filed Nov 12, 2014
Insider Transaction Report
Form 4
Garvey Michael R
Director
Transactions
- Purchase
Common Stock
2014-11-10$11.32/sh+14$158→ 4,875 total(indirect: By IRA) - Purchase
Common Stock
2014-11-10$11.33/sh+221$2,504→ 4,861 total(indirect: By IRA)
Holdings
- 750(indirect: By Stock Award II)
Common Stock
- 8,981
Stock Options
Exercise: $13.93From: 2008-06-14Exp: 2017-06-14→ Common Stock (8,981 underlying) - 8,981
Stock Options
Exercise: $11.71From: 2014-10-24Exp: 2024-02-26→ Common Stock (8,981 underlying) - 2,966
Common Stock
- 1,312(indirect: By Performance Stock Award)
Common Stock
Footnotes (5)
- [F1]Since the reporting person's last report 188 shares of Performance Stock awards vested and are now held directly and 90 shares and 375 shares previously held by Stock Award and Stock Award II, respectively, 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.
- [F4]Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.
- [F5]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.