SEC Form 5 · accession 0001501364-17-000018
United Financial Bancorp, Inc. · UBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark F Doyle
Officer — SVP United Bank
Period of report
Dec 31, 2016
Accepted (ET)
Feb 14, 2017 · 8:49 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 | Dec 31, 2016 | A | 233 | $0.00 | A | 1,840 | I | By United Bank 401(k) Plan |
| Common StockF3,F4 | holding | — | — | — | 4,626 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF5 | $13.73 | holding | — | — | — | Jun 20, 2015 | Jun 20, 2024 | Common Stock | 2,551 | 2,551 | D |
| Stock OptionsF6 | $13.73 | holding | — | — | — | Jun 20, 2015 | Jun 20, 2024 | Common Stock | 7,653 | 7,653 | D |
Explanation of responses
- F1Shares allocated to the account under the United Bank 401(k) Plan, of which all shares are vested.
- F2Additional non-reportable shares acquired in the United Bank 401(k) Plan during 2016 not previously reported are comprised of shares purchased in 2016.
- F3Includes 1,826 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 1,826 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.
- F4Includes 1,508 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 1,508 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.
- F5Stock 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.
- F6Stock options granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and will become exercisable in three equal annual installments of 33%, with the first installment to vest at the one year anniversary of the grant date and an additional 33% to vest on each annual anniversary of the grant date thereafter.