SEC Form 4 · accession 0001501364-17-000070
United Financial Bancorp, Inc. · UBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Bars
Director
Period of report
Jul 27, 2017
Accepted (ET)
Jul 31, 2017 · 4:39 pm EDT
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 Stock | Jul 27, 2017 | M | 5,308 | $7.90 | A | 64,821 | D | |
| Common StockF1,F2,F3,F4,F5 | Jul 27, 2017 | S | 2,350 | $18.1781 | D | 62,471 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF6 | $7.90 | Jul 27, 2017 | X | 5,308 | D | Feb 20, 2008 | Feb 20, 2018 | Common Stock | 5,308 | 0 | D |
| Stock OptionsF7 | $6.09 | holding | — | — | — | Mar 16, 2009 | Mar 16, 2019 | Common Stock | 5,308 | 5,308 | D |
| Stock OptionsF8 | $7.42 | holding | — | — | — | Nov 15, 2010 | Nov 15, 2020 | Common Stock | 5,308 | 5,308 | D |
| Stock OptionsF9 | $10.99 | holding | — | — | — | Jun 21, 2012 | Jun 21, 2022 | Common Stock | 2,017 | 2,017 | D |
| Stock OptionsF10 | $10.99 | holding | — | — | — | Jun 21, 2013 | Jun 21, 2022 | Common Stock | 5,682 | 5,682 | D |
Explanation of responses
- F1Includes 1,820 shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan on June 20, 2014, and shall vest on the first annual anniversary of the grant date.
- F10Stock Options granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and shall vest on the first annual anniversary of the grant date.
- F2Includes 10,265 shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan on June 21, 2012, and shall vest on the first annual anniversary of the grant date.
- F3Includes 2,209 shares of Restricted Stock granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and shall vest on the first annual anniversary of the November 18, 2015 grant date.
- F4Includes 1,698 shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan on June 21, 2013, and pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30,2014, all shares became 100% vested.
- F5Includes 1,796 shares of Restricted Stock granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and shall vest on the first annual anniversary of the November 22, 2016 grant date.
- F6Stock options granted pursuant to the Rockville Financial, Inc. 2006 Stock Incentive Award Plan and will become exercisable in equal 20% increments over a five year period, the first 20% becoming exercisable on February 20, 2008 and the subsequent vesting on each annual anniversary of that date.
- F7Stock options granted pursuant to the Rockville Financial, Inc. 2006 Stock Incentive Award Plan and will become exercisable in equal 20% increments over a five year period, the first 20% becoming exercisable on March 16, 2009 and the subsequent vesting on each annual anniversary of that date.
- F8Stock options granted pursuant to the Rockville Financial, Inc. 2006 Stock Incentive Award Plan and will become exercisable in equal 20% increments over a five year period, the first 20% becoming exercisable on November 15, 2010 and the subsequent vesting on each annual anniversary of that date.
- F9Stock 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 on the grant date and an additional 20% to vest on each annual anniversary of the grant date thereafter.