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Filing Details

Accession Number:
0001501364-16-000077
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-02-01 16:10:29
Reporting Period:
2016-01-29
Filing Date:
2016-02-01
Accepted Time:
2016-02-01 16:10:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1501364 United Financial Bancorp Inc. UBNK Savings Institutions, Not Federally Chartered (6036) 273577029
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1570321 Craig Brandon Lorey United Financial Bancorp, Inc.
45 Glastonbury Blvd
Glastonbury CT 06033
No No No Yes
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 2016-01-29 1,500 $11.16 3,000 No 4 P Indirect Held in IRA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Held in IRA
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,368 Indirect By United Bank 401(k) Plan
Common Stock 19,374 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options $12.87 2013-02-11 2023-02-11 59,523 59,523 Direct
Common Stock Stock Options $13.25 2013-06-21 2023-06-21 4,945 4,945 Direct
Common Stock Stock Options $13.25 2013-06-21 2023-06-21 14,835 14,835 Direct
Common Stock Stock Options $13.73 2015-06-20 2024-06-20 2,295 2,295 Direct
Common Stock Stock Options $13.73 2015-06-20 2024-06-20 6,887 6,887 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-02-11 59,523 59,523 Direct
2023-06-21 4,945 4,945 Direct
2023-06-21 14,835 14,835 Direct
2024-06-20 2,295 2,295 Direct
2024-06-20 6,887 6,887 Direct
Footnotes
  1. Shares allocated to the account of Mr. Lorey under the United Bank 401(k) Plan, of which all shares are vested as of December 31, 2014.
  2. Includes 3,025 restricted shares granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 7,770 shares will vest in four equal annual installments of 25%, with the first installment to vest on the grant date and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all shares became 100% vested. The reported number of shares is net of 2,745 shares withheld by the Issuer for tax withholding purposes and 2,000 shares sold on the open market.
  3. Includes 900 Shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 1,358 shares vest in four equal annual installments of 25%, with the first installment to vest on June 21, 2013 and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all shares became 100% vested. The reported number of shares is net of 458 shares withheld by the Issuer for tax withholding purposes.
  4. Includes 894 restricted stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, the original grant of 1,358 performance shares became 100% vested at target. The reported number of shares is net of 464 shares withheld by the Issuer for tax withholding purposes.
  5. Includes 1,163 restricted shares granted pursuant to the Rockville Financial, Inc. 2012 Stock Incentive Plan. The original grant of 1,310 shares vest in equal 33% increments over a three year period, the first 33% vesting on June 20, 2015 and the subsequent vestings on each annual anniversary of the grant date thereafter. The reported number is of 147 shares withheld by the Issuer for tax withholding purposes.
  6. Includes 2,621 shares of restricted stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and cliff vest on the third anniversary of the grant date, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
  7. Includes 5,386 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on 12/31/2018, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
  8. Includes 5,386 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 5,386 shares vest in equal 33% increments over a three year period, the first 33% vesting on November 18, 2016 and the subsequent vesting on each on each annual anniversary of the grant date thereafter.
  9. Stock options granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and will become exercisable in four equal annual installments of 25%, with the first installment to vest at the one year anniversary of the grant date and an additional 25% to vest on each annual anniversary of the grant date thereafter.
  10. Stock options granted pursuant to the Rockville Financial, Inc.'s 2006 Stock Incentive Award Plan and will become exercisable in five equal annual installments of 20%, with the first installment to vest on the grant date and an additional 20% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all options became 100% vested and exercisable.
  11. Stock options granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and will become exercisable in four equal annual installments of 25%, with the first installment to vest on the grant date and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all options became 100% vested and exercisable.
  12. Stock options granted pursuant to the Rockville Financial, Inc.'s 2006 Stock Incentive Award Plan and will become exercisable in five equal annual installments of 20%, with the first installment to vest at the one year anniversary the grant date and an additional 20% to vest on each annual anniversary of the grant date thereafter.