Filing Details
- Accession Number:
- 0001501364-18-000083
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-06-27 16:39:08
- Reporting Period:
- 2018-06-25
- Accepted Time:
- 2018-06-27 16:39:08
- 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 |
---|---|---|---|---|---|---|---|
1509759 | Iv Hw William Crawford | United Financial Bancorp, Inc. 225 Asylum Street Hartford CT 06103 | Ceo & President | 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 | 2018-06-25 | 14,685 | $10.54 | 164,054 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2018-06-25 | 7,815 | $10.99 | 171,869 | No | 4 | M | Direct | |
Common Stock | Disposition | 2018-06-25 | 22,500 | $17.97 | 149,369 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
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 | 2018-06-25 | 14,685 | $10.54 | 14,685 | $10.54 |
Common Stock | Stock Options | Disposition | 2018-06-25 | 7,815 | $10.99 | 7,815 | $10.99 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2011-03-15 | 2021-01-03 | No | 4 | X | Direct |
168,973 | 2012-06-21 | 2022-06-21 | No | 4 | X | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 17,391 | Indirect | By United Bank 401(k) Plan |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Options | $13.73 | 2015-06-20 | 2024-06-20 | 6,702 | 6,702 | Direct |
Common Stock | Stock Options | $13.25 | 2013-06-21 | 2023-06-21 | 16,346 | 16,346 | Direct |
Common Stock | Stock Options | $10.99 | 2012-06-21 | 2022-06-21 | 62,750 | 62,750 | Direct |
Common Stock | Stock Options | $13.25 | 2013-06-21 | 2023-06-21 | 49,038 | 49,038 | Direct |
Common Stock | Stock Options | $13.73 | 2015-06-20 | 2024-06-20 | 20,107 | 20,107 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2024-06-20 | 6,702 | 6,702 | Direct |
2023-06-21 | 16,346 | 16,346 | Direct |
2022-06-21 | 62,750 | 62,750 | Direct |
2023-06-21 | 49,038 | 49,038 | Direct |
2024-06-20 | 20,107 | 20,107 | Direct |
Footnotes
- Shares allocated to the account of Mr. Crawford under the United Bank 401(k) Plan, of which all shares are vested.
- Includes 7,466 shares of restricted stock granted pursuant to the Rockville Financials, Inc.'s 2012 Stock Incentive Plan. The original grant of 15,167 shares vested on June 30, 2017, if and only if, United Financial Bancorp, Inc. meets certain performance goals. Not all requirements were met, and as a result, this transaction represents the distribution of the original 15,167 granted shares decreased by 3,792 shares for not meeting those performance requirements. The reported number of shares is net of 3,909 shares withheld by the Issuer for tax withholding purposes.
- Includes 15,719 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 20,395 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. The reported number of shares is net of 4,676 shares withheld by the Issuer for tax withholding purposes.
- Includes 7,440 restricted shares granted pursuant to the Rockville Financial, Inc. 2012 Stock Incentive Plan. The original grant of 11,340 shares vest in equal 33% increments over a three year period, the first 33% vesting on June 20, 2015 and the subsequent vesting on each on each annual anniversary of the grant date thereafter. The reported number of shares is net of 3,900 shares withheld by the Issuer for tax withholding purposes.
- Includes 11,411 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 12,889 shares vest in equal 33% increments over a three year period, the first 33% vesting on November 22, 2017 and the subsequent vesting on each on each annual anniversary of the grant date thereafter. The reported number is net of 1,478 shares withheld by the Issuer for tax withholding purposes.
- Includes 45,956 restricted shares granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 71,861 shares vest in four equal annual installments of 25%, with the first installment to vest on June 21, 2012 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 25,905 shares withheld by the Issuer for tax withholding purposes.
- Includes 1,000 shares directly owned.
- Includes 14,749 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 23,954 performance shares became 100% vested at target. The reported number of shares is net of 9,205 shares withheld by the Issuer for tax withholding purposes.
- Includes 2,802 Shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 4,490 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 1,688 shares withheld by the Issuer for tax withholding purposes.
- Includes 12,889 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2019, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
- Includes 20,395 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2018, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
- Includes 3,599 restricted shares granted pursuant to the Rockville Financial, Inc. 2006 Stock Incentive Award Plan. The original grant of 6,166 shares vest in equal 20% increments over a five year period, the first 20% vesting on March 15, 2011 and the subsequent vesting on each January 3rd of the following years. 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 2,567 shares withheld by the Issuer for tax withholding purposes.
- Includes 2,765 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 4,490 performance shares became 100% vested at target. The reported number of shares is net of 1,725 shares withheld by the Issuer for tax withholding purposes.
- Includes 12,172 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2020, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
- Includes 12,868 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 12,868 shares vest in equal 33% increments over a three year period, the first 33% vesting on November 22, 2018 and subsequent vesting on each annual anniversary of the grant date thereafter.
- 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 of the grant date and an additional 20% to vest on each annual anniversary of the grant date thereafter.
- 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.
- 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.
- 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.
- Stock options granted pursuant to the Rockville Financial, Inc.'s 2006 Stock Incentive Award Plan and are exercisable in equal 20% increments over a five year period, the first 20% becoming exercisable on March 15, 2011 and the subsequent vesting on each January 3rd of the following years. 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.