Filing Details

Accession Number:
0001140361-17-018823
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-05-08 15:50:21
Reporting Period:
2017-05-05
Filing Date:
2017-05-08
Accepted Time:
2017-05-08 15:50:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1500213 Si Financial Group Inc. SIFI () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1394911 R Michael Garvey 803 Main Street
Willimantic CT 06226
Yes No 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 2017-05-05 8,981 $13.93 14,009 No 4 M Direct
Common Stock Disposition 2017-05-05 8,981 $14.84 5,028 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 2017-05-05 8,981 $0.00 8,981 $13.93
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2008-06-14 2017-06-14 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,875 Indirect By IRA
Common Stock 0 Indirect By Performance Stock Award
Common Stock 0 Indirect By Stock Award II
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options $11.71 2014-10-24 2024-02-26 8,981 8,981 Direct
Common Stock Stock Options $11.86 2016-09-23 2025-09-23 10,000 10,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2024-02-26 8,981 8,981 Direct
2025-09-23 10,000 10,000 Direct
Footnotes
  1. Since the reporting person's last report 750 shares of Stock Award II and 937 shares of Performance Stock awards have vested and are now held directly.
  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. 2012 Equity Incentive Plan vest in five equal annual installments commencing on October 24, 2014.
  5. Stock Options granted pursuant to the SI Financial Group, Inc. 2012 Equity Incentive Plan vest in five equal annual installments commencing on September 23, 2016.