SEC Form 4 · accession 0001209191-15-081570
United Financial Bancorp, Inc. · UBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C Paulson
Officer — EVP
Period of report
Nov 18, 2015
Accepted (ET)
Nov 20, 2015 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001501364
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Nov 18, 2015 | A | 5,386 | $0.00 | A | 25,174 | D | |
| Common StockF1,F2,F4 | Nov 18, 2015 | A | 5,386 | $0.00 | A | 30,560 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 14,115 Shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 17,019 shares will vest in four equal annual installments of 25%, with the first installment to vest on May 12, 2014 and an additional 25% to vest on each annual anniversary of Mr. Paulson's hire date of March 3rd, 2014. The reported number of shares is net of 2,904 shares withheld by the Issuer for tax withholding purposes.
- F2Includes 5,673 shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and cliff vest on December 31, 2016, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
- F3Transaction represents 5,386 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.
- F4Transaction represents 5,386 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on 12/31/2018, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.