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Filing Details

Accession Number:
0001225208-11-002994
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-01-13 17:08:50
Reporting Period:
2011-01-12
Filing Date:
2011-01-13
Accepted Time:
2011-01-13 17:08:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1500213 Si Financial Group Inc. SIFI Savings Institution, Federally Chartered (6035) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1298177 A Rheo Brouillard 803 Main Street
Willimantic CT 06226
President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-01-12 30,283 $0.00 30,283 No 4 J Direct
Common Stock Acquisiton 2011-01-12 21,721 $0.00 21,721 No 4 J Indirect By 401(k)
Common Stock Acquisiton 2011-01-12 8,882 $8.00 30,603 No 4 P Indirect By 401(k)
Common Stock Acquisiton 2011-01-12 3,428 $0.00 3,428 No 4 J Indirect By ESOP
Common Stock Acquisiton 2011-01-12 4,499 $0.00 4,499 No 4 J Indirect By IRA
Common Stock Acquisiton 2011-01-12 898 $0.00 898 No 4 J Indirect By Spouse
Common Stock Acquisiton 2011-01-12 2,559 $0.00 2,559 No 4 J Indirect By Spouse's IRA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 J Indirect By 401(k)
No 4 P Indirect By 401(k)
No 4 J Indirect By ESOP
No 4 J Indirect By IRA
No 4 J Indirect By Spouse
No 4 J Indirect By Spouse's IRA
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options Acquisiton 2011-01-12 8,981 $0.00 8,981 $5.68
Common Stock Stock Options Acquisiton 2011-01-12 89,810 $0.00 89,810 $11.25
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,981 2011-02-24 2020-02-24 No 4 J Direct
89,810 2006-05-17 2015-05-17 No 4 J Direct
Footnotes
  1. Pursuant to the Plan of Conversion and Reorganization, as amended and restated, each share of SI Financial Group, Inc. common stock was exchanged for 0.8981 shares of (new) SI Financial Group, Inc. common stock.
  2. Pursuant to the Plan of Conversion and Reorganization, as amended and restated, each option to purchase a share of SI Financial Group, Inc. was converted into an option to purchase 0.8981 shares of (new) SI Financial Group, Inc. common stock, rounded to the nearest share. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 0.8981 exchange ratio, with such quotient rounded to the nearest whole cent. All such options continue to vest according to their original terms.
  3. Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan vest in five equal annual installments commencing on February 24, 2011.
  4. Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.