Filing Details

Accession Number:
0001225208-15-012149
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-05-15 12:24:44
Reporting Period:
2015-05-14
Filing Date:
2015-05-15
Accepted Time:
2015-05-15 12:24:44
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
1304952 L Laurie Gervais 803 Main Street
Willimantic CT 06226
Senior Vice President Of The B No 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 2015-05-14 15,679 $11.25 30,336 No 4 M Direct
Common Stock Disposition 2015-05-14 200 $11.74 30,136 No 4 S Direct
Common Stock Disposition 2015-05-14 400 $11.37 29,736 No 4 S Direct
Common Stock Disposition 2015-05-14 500 $11.28 29,236 No 4 S Direct
Common Stock Disposition 2015-05-14 700 $11.61 28,536 No 4 S Direct
Common Stock Disposition 2015-05-14 700 $11.36 27,836 No 4 S Direct
Common Stock Disposition 2015-05-14 1,000 $11.62 26,836 No 4 S Direct
Common Stock Disposition 2015-05-14 1,000 $11.34 25,836 No 4 S Direct
Common Stock Disposition 2015-05-14 1,500 $11.46 24,336 No 4 S Direct
Common Stock Disposition 2015-05-14 1,500 $11.35 22,836 No 4 S Direct
Common Stock Disposition 2015-05-14 2,800 $11.35 20,036 No 4 S Direct
Common Stock Disposition 2015-05-14 5,379 $11.26 14,657 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options Disposition 2015-05-14 15,679 $0.00 15,679 $11.25
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2006-05-17 2015-05-17 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 19,152 Indirect By 401(k)
Common Stock 449 Indirect By Custodian For Child 1
Common Stock 449 Indirect By Custodian For Child 2
Common Stock 5,646 Indirect By ESOP
Common Stock 6,250 Indirect By Performance Stock Award
Common Stock 5,000 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 5,000 5,000 Direct
Common Stock Stock Options $5.68 2011-02-24 2020-02-24 4,490 4,490 Direct
Common Stock Stock Options $11.01 2013-10-24 2022-10-24 30,000 30,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-02-16 5,000 5,000 Direct
2020-02-24 4,490 4,490 Direct
2022-10-24 30,000 30,000 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 are fully vested and exercisable.
  5. 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.
  6. 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.