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Filing Details

Accession Number:: 0001225208-11-016906
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-06-30 15:50:14
Reporting Period:: 2011-06-29

Filing Date:: 2011-06-30
Accepted Time:: 2011-06-30 15:50:14
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1493552	Naugatuck Valley Financial Corp	NVSL	Savings Institution, Federally Chartered (6035)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1296141	R Lee Schlesinger	333 Church Street Naugatuck CT 06770	Svp & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-06-29	7,079	$0.00	7,079	No	4	J	Direct
Common Stock	Acquisiton	2011-06-29	1,250	$8.00	8,329	No	4	P	Direct
Common Stock	Acquisiton	2011-06-29	2,490	$0.00	2,490	No	4	J	Indirect	By 401(k)
Common Stock	Acquisiton	2011-06-29	2,898	$0.00	2,898	No	4	J	Indirect	By ESOP
Common Stock	Acquisiton	2011-06-29	1,995	$0.00	1,995	No	4	J	Indirect	By IRA
Common Stock	Acquisiton	2011-06-29	1,250	$8.00	3,245	No	4	P	Indirect	By IRA
Common Stock	Acquisiton	2011-06-29	1,197	$0.00	1,197	No	4	J	Indirect	By Stock Award II

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Direct
No	4	P	Direct
No	4	J	Indirect	By 401(k)
No	4	J	Indirect	By ESOP
No	4	J	Indirect	By IRA
No	4	P	Indirect	By IRA
No	4	J	Indirect	By Stock Award II

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Acquisiton	2011-06-29	8,980	$0.00	8,980	$11.12
Common Stock	Stock Option (right to buy)	Acquisiton	2011-06-29	1,995	$0.00	1,995	$11.12

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
8,980	2006-07-26	2015-07-26	No	4	J	Direct
1,995	2008-12-18	2015-07-26	No	4	J	Direct

Footnotes

Pursuant to the Amended and Restated Plan of Conversion and Reorganization of Naugatuck Valley Mutual Holding Company, each share of common stock of Naugatuck Valley Financial Corporation (Federal corporation) was exchanged for 0.9978 share of common stock of Naugatuck Valley Financial Corporation (Maryland corporation).
Stock Awards granted pursuant to the Naugatuck Valley Financial Corporation 2005 Equity Incentive Plan vest in five equal annual installments commencing on December 18, 2008.
Pursuant to the Amended and Restated Plan of Conversion and Reorganization of Naugatuck Valley Mutual Holding Company, each option to purchase shares of common stock of Naugatuck Valley Financial Corporation (Federal corporation) was converted into an option to purchase shares of common stock of Naugatuck Valley Financial Corporation (Maryland corporation) by multiplying the number of shares subject to each option by the 0.9978 exchange ratio, rounded down to the nearest share. The exercise price per share of each converted option was determined by dividing the exercise price of the option by the 0.9978 exchange ratio. All such converted options continue to vest based on their original terms.
Stock Options granted pursuant to the Naugatuck Valley Financial Corporation 2005 Equity Incentive Plan are fully vested and exercisable.
Stock Options granted pursuant to the Naugatuck Valley Financial Corporation 2005 Equity Incentive Plan vest in five equal annual installments commencing on December 18, 2008.