SEC Form 4 · accession 0001225208-15-008909

SI Financial Group, Inc. · SIFI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, CFO & Treasurer

Period of report

Mar 30, 2015

Accepted (ET)

Apr 1, 2015 · 12:20 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001500213

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Mar 30, 2015	M	3,142	$11.01	A	45,397	D
Common Stock	Mar 30, 2015	F	2,831	$12.22	D	42,566	D
Common Stock^F1	holding	—	—		—	17,970	I	By 401(k)
Common Stock	holding	—	—		—	449	I	By Custodian For Child 1
Common Stock	holding	—	—		—	449	I	By Custodian For Child 2
Common Stock^F1	holding	—	—		—	8,622	I	By ESOP
Common Stock^F2	holding	—	—		—	7,812	I	By Performance Stock Award
Common Stock^F3	holding	—	—		—	6,250	I	By Stock Award

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F4	$11.01	Mar 30, 2015	M	3,142	D	Oct 24, 2013	Oct 24, 2022	Common Stock	3,142	36,858	D
Stock Options^F5	$9.40	holding	—	—	—	Feb 16, 2012	Feb 16, 2021	Common Stock	7,500	7,500	D
Stock Options^F6	$5.68	holding	—	—	—	Feb 24, 2011	Feb 24, 2020	Common Stock	898	898	D

F1This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F2The 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.
F3Stock Awards granted pursuant to the SI Financial Group, Inc. 2012 Equity Incentive Plan vest in four equal annual installments commencing on October 24, 2013.
F4Stock Options granted pursuant to the SI Financial Group, Inc. 2012 Equity Incentive Plan vest in five equal annual installments commencing on October 24, 2013.
F5Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan vest in five equal annual installments commencing on February 16, 2012.
F6Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.