SEC Form 4 · accession 0001501364-17-000118
United Financial Bancorp, Inc. · UBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paula A Aiello
Director
Period of report
Nov 22, 2017
Accepted (ET)
Nov 27, 2017 · 5:17 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,F4,F5,F6 | Nov 22, 2017 | A | 1,631 | $0.00 | A | 18,575 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF7,F8 | $9.61 | holding | — | — | — | Dec 1, 2010 | Dec 1, 2019 | Common Stock | 13,808 | 13,808 | D |
Explanation of responses
- F1Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, restricted stock awards become fully vested as of April 30, 2014 upon Change in Control.
- F2Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, each share of United Financial Bancorp, Inc. was exchanged for 1.3472 shares of Rockville Financial, Inc. At legal close, Rockville Financial, Inc. changed its name to United Financial Bancorp, Inc. in connection with the merger of United Financial Bancorp, Inc. into Rockville Financial, Inc..
- F3Includes 1,820 shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan that vested on the first annual anniversary of the June 20, 2014 grant date.
- F4Includes 2,209 shares of Restricted Stock granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan that vested on the first annual anniversary of the November 18, 2015 grant date.
- F5Includes 1,796 shares of Restricted Stock granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan that vested on the first annual anniversary of the November 22, 2016 grant date.
- F6Transaction represents 1,631 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, 2017 grant date.
- F7Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, each option to purchase a share of United Financial Bancorp, Inc. was converted into an option to purchase 1.3472 shares of Rockville Financial, Inc. common stock, truncated down to the nearest whole share. At legal close, Rockville Financial, Inc. changed its name to United Financial Bancorp, Inc. in connection with the merger of United Financial Bancorp, Inc. into Rockville Financial, Inc. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 1.3472 exchange ratio, with such quotient rounded to the nearest whole cent. All such options became vested and exercisable at legal close.
- F8Stock options are 100% vested as of April 30, 2014