SEC Form 4 · accession 0001225208-15-008911

SI Financial Group, Inc. · SIFI

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

Reporting owner

Director

Period of report

Mar 31, 2015

Accepted (ET)

Apr 1, 2015 · 12:21 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 31, 2015	M	11,063	$11.25	A	21,357	D
Common Stock^F1	Mar 31, 2015	F	10,244	$12.15	D	11,113	D
Common Stock	holding	—	—		—	8,200	I	By IRA
Common Stock^F1,F2	holding	—	—		—	937	I	By Performance Stock Award
Common Stock	holding	—	—		—	3,959	I	By Spouse's IRA
Common Stock^F1,F3	holding	—	—		—	750	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	$11.25	Mar 31, 2015	M	11,063	D	May 17, 2006	May 17, 2015	Common Stock	11,063	6,899	D

F1Since the reporting person's last report 750 shares and 563 shares previously held by Stock Award and Performance Stock Award, respectively, have vested and are now owned directly.
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. 2005 Equity Incentive Plan are fully vested and exercisable.