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Filing Details

Accession Number:
0001225208-14-022876
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-06 13:39:58
Reporting Period:
2014-11-04
Filing Date:
2014-11-06
Accepted Time:
2014-11-06 13:39:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1500213 Si Financial Group Inc. SIFI Savings Institution, Federally Chartered (6035) 800643149
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 2014-11-04 5,784 $11.15 16,612 No 4 P Indirect By 401(k)
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By 401(k)
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 38,171 Direct
Common Stock 8,217 Indirect By ESOP
Common Stock 4,699 Indirect By IRA
Common Stock 17,500 Indirect By Performance Stock Award
Common Stock 898 Indirect By Spouse
Common Stock 2,659 Indirect By Spouse's IRA
Common Stock 10,000 Indirect By Stock Award
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options $9.40 2012-02-16 2021-02-16 10,000 10,000 Direct
Common Stock Stock Options $5.68 2011-02-24 2020-02-24 8,981 8,981 Direct
Common Stock Stock Options $11.25 2006-05-17 2015-05-17 89,810 89,810 Direct
Common Stock Stock Options $11.01 2013-10-24 2022-10-24 50,000 50,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-02-16 10,000 10,000 Direct
2020-02-24 8,981 8,981 Direct
2015-05-17 89,810 89,810 Direct
2022-10-24 50,000 50,000 Direct
Footnotes
  1. This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
  2. 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.
  3. 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.
  4. Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan vest in five equal annual installments commencing on February 16, 2012.
  5. 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.
  6. Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.
  7. Stock Options granted pursuant to the SI Financial Group, Inc. 2012 Equity Incentive Plan vest in five equal annual installments commencing on October 24, 2013.