SI Financial Group, Inc. 4

4 · SI Financial Group, Inc. · Filed Apr 1, 2015

Form 4

Period: 2015-03-31

Director

Transactions

Exercise/Conversion
Common Stock
2015-03-31$11.25/sh+11,063$124,459→ 21,357 total
Tax Payment
Common Stock
2015-03-31$12.15/sh−10,244$124,465→ 11,113 total
Exercise/Conversion
Stock Options
2015-03-31−11,063→ 6,899 total
Exercise: $11.25From: 2006-05-17Exp: 2015-05-17→ Common Stock (11,063 underlying)

Holdings

Footnotes (4)

[F1]Since the reporting person's last report 750 shares and 563 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 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.

Documents

1 file