Filing Details

Accession Number:
0001225208-14-023051
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-12 06:00:41
Reporting Period:
2014-11-10
Filing Date:
2014-11-12
Accepted Time:
2014-11-12 06:00:41
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
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 2014-11-10 221 $11.33 4,861 No 4 P Indirect By IRA
Common Stock Acquisiton 2014-11-10 14 $11.32 4,875 No 4 P Indirect By IRA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By IRA
No 4 P Indirect By IRA
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,966 Direct
Common Stock 1,312 Indirect By Performance Stock Award
Common Stock 750 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 $13.93 2008-06-14 2017-06-14 8,981 8,981 Direct
Common Stock Stock Options $11.71 2014-10-24 2024-02-26 8,981 8,981 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-06-14 8,981 8,981 Direct
2024-02-26 8,981 8,981 Direct
Footnotes
  1. Since the reporting person's last report 188 shares of Performance Stock awards vested and are now held directly and 90 shares and 375 shares previously held by Stock Award and Stock Award II, respectively, have vested and are now owned 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. 2005 Equity Incentive Plan are fully vested and exercisable.
  5. 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.