X0303 4 2011-01-12 0001500213 SI Financial Group, Inc. SIFI 0001450806 Weston David 803 MAIN STREET WILLIMANTIC CT 06226 1 SVP & Senior Trust Officer Common Stock 2011-01-12 4 J 0 1077.0000 0 A 1077.0000 D Common Stock 2011-01-12 4 P 0 1250.0000 8.0000 A 1250.0000 I By 401(k) Common Stock 2011-01-12 4 J 0 2204.0000 0 A 2204.0000 I By ESOP Common Stock 2011-01-12 4 J 0 3592.0000 0 A 3592.0000 I By Stock Award Stock Options 5.6800 2011-01-12 4 J 0 4490.0000 0.0000 A 2011-02-24 2020-02-24 Common Stock 4490.0000 4490.0000 D Stock Options 11.2500 2011-01-12 4 J 0 8981.0000 0.0000 A 2006-05-17 2015-05-17 Common Stock 8981.0000 8981.0000 D Pursuant to the Plan of Conversion and Reorganization, as amended and restated, each share of SI Financial Group, Inc. common stock was exchanged for 0.8981 shares of (new) SI Financial Group, Inc. common stock. Stock Awards granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan will vest in five equal annual installments commencing on March 19, 2010. Pursuant to the Plan of Conversion and Reorganization, as amended and restated, each option to purchase a share of SI Financial Group, Inc. was converted into an option to purchase 0.8981 shares of (new) SI Financial Group, Inc. common stock, rounded to the nearest share. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 0.8981 exchange ratio, with such quotient rounded to the nearest whole cent. All such options continue to vest according to their original terms. Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan vest in five equal annual installments commencing on February 24, 2011. Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable. /s/ David Weston 2011-01-13