SI Financial Group, Inc. 4

4 · SI Financial Group, Inc. · Filed Apr 3, 2015

Form 4

Period: 2015-04-01

Director

Transactions

Tax Payment
Common Stock
2015-04-02$12.11/sh−2,519$30,505→ 4,557 total
Exercise/Conversion
Common Stock
2015-04-02$11.25/sh+2,711$30,499→ 7,076 total
Exercise/Conversion
Stock Options
2015-04-01−3,010→ 2,711 total
Exercise: $11.25From: 2006-05-17Exp: 2015-05-17→ Common Stock (3,010 underlying)
Exercise/Conversion
Stock Options
2015-04-02−2,711→ 0 total
Exercise: $11.25From: 2006-05-17Exp: 2015-05-17→ Common Stock (2,711 underlying)
Tax Payment
Common Stock
2015-04-01$12.12/sh−2,794$33,863→ 4,365 total
Exercise/Conversion
Common Stock
2015-04-01$11.25/sh+3,010$33,863→ 7,159 total

Holdings

Common Stock
(indirect: By IRA)
250
Common Stock
(indirect: By Performance Stock Award)
937
Common Stock
(indirect: By Daughter)
1,212
Common Stock
(indirect: By IRA)
3,506
Common Stock
(indirect: By Spouse)
2,229
Common Stock
(indirect: By Stock Award II)
750
Stock Options
Exercise: $13.93From: 2008-06-14Exp: 2017-06-14→ Common Stock (8,981 underlying)
8,981

Footnotes (3)

[F1]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.
[F2]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.
[F3]Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.

Documents

1 file