ALLIOD MARK D 4
4 · SI Financial Group, Inc. · Filed May 20, 2019
Insider Transaction Report
Form 4
ALLIOD MARK D
Director
Transactions
- Disposition to Issuer
Common Stock
2019-05-17−6,894→ 0 total - Disposition to Issuer
Common Stock
2019-05-17−250→ 0 total(indirect: By IRA) - Disposition to Issuer
Common Stock
2019-05-17−2,229→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Options
2019-05-17−10,000→ 0 totalExercise: $11.86From: 2016-09-23Exp: 2025-09-23→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2019-05-17−1,212→ 0 total(indirect: By Daughter) - Disposition to Issuer
Common Stock
2019-05-17−3,506→ 0 total(indirect: By IRA)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger dated December 11, 2018 (the "Agreement"), by and between the Issuer and the Berkshire Hills Bancorp, Inc., each share of Issuer common stock was converted into and became exchangeable for the right to receive 0.48 shares of Berkshire Hills Bancorp, Inc. common stock.
- [F2]Each option was converted into an option to purchase a number of shares of Berkshire Hills Bancorp, Inc. common stock determined by multiplying the number of shares of Issuer common stock subject to such stock option by 0.48, at a per share exercise price equal to the quotient obtained by dividing the per share exercise price for each share of Issuer common stock subject to such option by 0.48.