SI Financial Group, Inc. 4
4 · SI Financial Group, Inc. · Filed Apr 1, 2015
Insider Transaction Report
Form 4
HINCKLEY HENRY P
Director
Transactions
- Exercise/Conversion
Common Stock
2015-03-31$11.25/sh+14,677$165,116→ 28,267 total - Exercise/Conversion
Stock Options
2015-03-31−14,677→ 7,775 totalExercise: $11.25From: 2006-05-17Exp: 2015-05-17→ Common Stock (14,677 underlying) - Tax Payment
Common Stock
2015-03-31$12.15/sh−13,590$165,119→ 14,677 total
Holdings
- 4,490(indirect: By IRA)
Common Stock
- 1,562(indirect: By Performance Stock Award)
Common Stock
- 1,250(indirect: By Stock Award)
Common Stock
Footnotes (3)
- [F1]Since the reporting person's last report 1,250 shares and 938 shares previously held by Stock Award and Performance Stock Award, 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 Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.