SEC Form 4 · accession 0001501364-18-000158
United Financial Bancorp, Inc. · UBNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John James Smith
Officer — EVP
Period of report
Nov 26, 2018
Accepted (ET)
Nov 28, 2018 · 4:29 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,F7,F8,F9 | Nov 26, 2018 | F | 417 | $15.67 | D | 49,771 | D | |
| Common StockF1,F2,F3,F4,F5,F6,F7,F8,F9 | Nov 26, 2018 | F | 438 | $15.67 | D | 49,333 | D | |
| Common StockF10 | holding | — | — | — | 124 | I | By United Bank 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 2,966 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 3,832 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. The reported number of shares is net of 866 shares withheld by the Issuer for tax withholding purposes.
- F10Shares allocated to the account under the United Bank 401(k) Plan, of which all shares are vested.
- F2Includes 11,302 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 15,486 shares vest in equal 33% increments over a three year period, the first 33% vesting on January 19, 2017, and the subsequent vesting on each annual anniversary of his hire date thereafter. The reported number of shares is net of 4,184 shares withheld by the Issuer for tax withholding purposes.
- F3Includes 3,832 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2019, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
- F4Includes 15,487 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 15,487 shares cliff vest on the third anniversary of the hire date.
- F5Includes 3,590 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 4,028 shares vest in equal 33% increments over a three year period, the first 33% vesting on November 22, 2018 and the subsequent vesting on each annual anniversary of the grant date thereafter. The reported number is net of 438 shares withheld by the Issuer for tax withholding purposes.
- F6Includes 3,584 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2020, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
- F7Includes 4,286 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 4,286 shares vest in equal 33% increments over a three year period, the first 33% vesting on November 19, 2019 and the subsequent vesting on each annual anniversary of the grant date thereafter.
- F8Includes 4,286 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2021, if, and only if, United Financial Bancorp, Inc. meets certain performance goals.
- F9Transaction represents shares withheld by the Issuer for tax withholding purposes with respect to the vesting of Restricted Stock previously issued to the Reporting Person by the Issuer.