Crawford William HW IV 4

Accession 0001501364-18-000165

CIK 0001501364other

View on SEC.gov Company Profile

Filed

Dec 20, 7:00 PM ET

Accepted

Dec 21, 4:06 PM ET

Size

29.2 KB

Accession

0001501364-18-000165

Insider Transaction Report

Form 4

Period: 2018-12-19

United Financial Bancorp, Inc.UBNK

Crawford William HW IV

Senior Executive VP

Transactions

Exercise/Conversion
Common Stock
2018-12-19$10.99/sh+2,800$30,772→ 176,249 total
Sale
Common Stock
2018-12-19$15.05/sh−2,800$42,140→ 173,449 total
Exercise/Conversion
Common Stock
2018-12-20$10.99/sh+44,200$485,758→ 217,649 total
Sale
Common Stock
2018-12-20$14.83/sh−44,200$655,486→ 173,449 total
Exercise of In-Money
Stock Options
2018-12-19$10.99/sh−2,800$30,772→ 166,173 total
Exercise: $10.99From: 2012-06-21Exp: 2022-06-21→ Common Stock (168,973 underlying)
Exercise of In-Money
Stock Options
2018-12-20$10.99/sh−44,200$485,758→ 121,973 total
Exercise: $10.99From: 2012-06-21Exp: 2022-06-21→ Common Stock (166,173 underlying)

Holdings

Common Stock
(indirect: By 401(k))
17,391.333
Stock Options
Exercise: $13.25From: 2013-06-21Exp: 2023-06-21→ Common Stock (49,038 underlying)
49,038
Stock Options
Exercise: $10.99From: 2012-06-21Exp: 2022-06-21→ Common Stock (62,750 underlying)
62,750
Stock Options
Exercise: $13.73From: 2015-06-20Exp: 2024-06-20→ Common Stock (6,702 underlying)
6,702
Stock Options
Exercise: $13.73From: 2015-06-20Exp: 2024-06-20→ Common Stock (20,107 underlying)
20,107
Stock Options
Exercise: $13.25From: 2013-06-21Exp: 2023-06-21→ Common Stock (16,346 underlying)
16,346

Footnotes (21)

[F1]Includes 14,697 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2021, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
[F10]Includes 14,749 restricted stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, the original grant of 23,954 performance shares became 100% vested at target. The reported number of shares is net of 9,205 shares withheld by the Issuer for tax withholding purposes.
[F11]Includes 1,000 shares directly owned.
[F12]Includes 45,956 restricted shares granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 71,861 shares vest in four equal annual installments of 25%, with the first installment to vest on June 21, 2012 and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all shares became 100% vested. The reported number of shares is net of 25,905 shares withheld by the Issuer for tax withholding purposes.
[F13]Includes 9,577 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 12,889 shares vest in equal 33% increments over a three year period, the first 33% vesting on November 22, 2017 and the subsequent vesting on each annual anniversary of the grant date thereafter. The reported number is net of 3,312 shares withheld by the Issuer for tax withholding purposes.
[F14]Includes 7,440 restricted shares granted pursuant to the Rockville Financial, Inc. 2012 Stock Incentive Plan. The original grant of 11,340 shares vest in equal 33% increments over a three year period, the first 33% vesting on June 20, 2015 and the subsequent vesting on each annual anniversary of the grant date thereafter. The reported number of shares is net of 3,900 shares withheld by the Issuer for tax withholding purposes.
[F15]Includes 13,586 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 20,395 shares vest in equal 33% increments over a three year period, the first 33% vesting on November 18, 2016 and the subsequent vesting on each annual anniversary of the grant date thereafter. The reported number of shares is net of 6,809 shares withheld by the Issuer for tax withholding purposes.
[F16]Includes 7,466 shares of restricted stock granted pursuant to the Rockville Financials, Inc.'s 2012 Stock Incentive Plan. The original grant of 15,167 shares vested on June 30, 2017, if and only if, United Financial Bancorp, Inc. meets certain performance goals. Not all requirements were met, and as a result, this transaction represents the distribution of the original 15,167 granted shares decreased by 3,792 shares for not meeting those performance requirements. The reported number of shares is net of 3,909 shares withheld by the Issuer for tax withholding purposes.
[F17]Shares allocated to the account of Mr. Crawford under the United Bank 401(k) Plan, of which all shares as vested.
[F18]Stock options granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and will become exercisable in four equal annual installments of 25%, with the first installment to vest on the grant date and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all options became 100% vested and exercisable.
[F19]Stock options granted pursuant to the Rockville Financial, Inc.'s 2006 Stock Incentive Award Plan and will become exercisable in five equal annual installments of 20%, with the first installment to vest on the grant date and an additional 20% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all options became 100% vested and exercisable.
[F2]Includes 14,697 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 14,697 shares vest in equal 33% increments over a three year period, the first 33% vesting on November 19, 2019 and the subsequent vesting on each annual anniversary of the grant date thereafter.
[F20]Stock options granted pursuant to the Rockville Financial, Inc.'s 2006 Stock Incentive Award Plan and will become exercisable in five equal annual installments of 20%, with the first installment to vest at the one year anniversary of the grant date and an additional 20% to vest on each annual anniversary of the grant date thereafter.
[F21]Stock options granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and will become exercisable in four equal annual installments of 25%, with the first installment to vest at the one year anniversary of the grant date and an additional 25% to vest on each annual anniversary of the grant date thereafter.
[F3]Includes 11,521 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 12,868 shares vest in equal 33% increments over a three year period, the first 33% vesting on November 22, 2018 and the subsequent vesting on each annual anniversary of the grant date thereafter. The reported number is net of 1,347 shares withheld by the Issuer for tax withholding purposes.
[F4]Includes 12,172 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2020, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
[F5]Includes 2,765 restricted stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, the original grant of 4,490 performance shares became 100% vested at target. The reported number of shares is net of 1,725 shares withheld by the Issuer for tax withholding purposes.
[F6]Includes 3,599 restricted shares granted pursuant to the Rockville Financial, Inc. 2006 Stock Incentive Award Plan. The original grant of 6,166 shares vest in equal 20% increments over a five year period, the first 20% vesting on March 15, 2011 and the subsequent vesting on each January 3rd of the following years. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all shares became 100% vested. The reported number of shares is net of 2,567 shares withheld by the Issuer for tax withholding purposes.
[F7]Includes 20,395 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2018, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
[F8]Includes 12,889 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2019, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
[F9]Includes 2,802 Shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 4,490 shares vest in four equal annual installments of 25%, with the first installment to vest on June 21, 2013 and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all shares became 100% vested. The reported number of shares is net of 1,688 shares withheld by the Issuer for tax withholding purposes.

Documents

1 file

4
wf-form4_154542634690632.xmlPrimary
FORM 4

Issuer

United Financial Bancorp, Inc.

CIK 0001501364

→

Entity typeother

Related Parties

filerCIK 0001509759

Filing Metadata

Form type: 4
Filed: Dec 20, 7:00 PM ET
Accepted: Dec 21, 4:06 PM ET
Size: 29.2 KB

View on SEC.gov