0001501364-19-000030.txt : 20190225 0001501364-19-000030.hdr.sgml : 20190225 20190225161557 ACCESSION NUMBER: 0001501364-19-000030 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190221 FILED AS OF DATE: 20190225 DATE AS OF CHANGE: 20190225 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lorey Brandon Craig CENTRAL INDEX KEY: 0001570321 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35028 FILM NUMBER: 19629667 MAIL ADDRESS: STREET 1: C/O ROCKVILLE FINANCIAL, INC STREET 2: 45 GLASTONBURY BLVD CITY: GLASTONBURY STATE: CT ZIP: 06033 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: United Financial Bancorp, Inc. CENTRAL INDEX KEY: 0001501364 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 273577029 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 225 ASYLUM STREET CITY: HARTFORD STATE: CT ZIP: 06103 BUSINESS PHONE: 860-291-3600 MAIL ADDRESS: STREET 1: 225 ASYLUM STREET CITY: HARTFORD STATE: CT ZIP: 06103 FORMER COMPANY: FORMER CONFORMED NAME: Rockville Financial, Inc. /CT/ DATE OF NAME CHANGE: 20110303 FORMER COMPANY: FORMER CONFORMED NAME: Rockville Financial New, Inc. DATE OF NAME CHANGE: 20100914 4 1 wf-form4_155112934321786.xml FORM 4 X0306 4 2019-02-21 0 0001501364 United Financial Bancorp, Inc. UBNK 0001570321 Lorey Brandon Craig UNITED FINANCIAL BANCORP, INC. 225 ASYLUM STREET HARTFORD CT 06103 0 1 0 0 EVP Common Stock 2019-02-21 4 M 0 8638 12.87 A 53331 D Common Stock 2019-02-21 4 S 0 8638 16.10 D 44693 D Common Stock 2019-02-22 4 M 0 5499 12.87 A 50192 D Common Stock 2019-02-21 4 S 0 5499 16.12 D 44693 D Common Stock 3504.20 I By United Bank 401(k) Plan Common Stock 3000 I Held in IRA Stock Options 13.25 2013-06-21 2023-06-21 Common Stock 14835.0 14835 D Stock Options 13.73 2015-06-20 2024-06-20 Common Stock 6887.0 6887 D Stock Options 13.73 2015-06-20 2024-06-20 Common Stock 2295.0 2295 D Stock Options 13.25 2013-06-21 2023-06-21 Common Stock 4945.0 4945 D Stock Options 12.87 2019-02-21 4 X 0 8638 12.87 D 2013-02-11 2023-02-11 Common Stock 39523.0 30885 D Stock Options 12.87 2019-02-22 4 X 0 5499 12.87 D 2013-02-11 2023-02-11 Common Stock 30885.0 25386 D Includes 2,632 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 3,389 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 annual anniversary of the grant date thereafter. The reported number of shares is net of 757 shares withheld by the Issuer for tax withholding purposes. Includes 900 Shares of Restricted Stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 1,358 shares vest in four equal annual installments of 25%, with the first installment to vest on June 21, 2013 and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all shares became 100% vested. The reported number of shares is net of 458 shares withheld by the Issuer for tax withholding purposes. Includes 868 restricted shares granted pursuant to the Rockville Financial, Inc. 2012 Stock Incentive Plan. The original grant of 1,310 shares vest in equal 33% increments over a three year period, the first 33% vesting on June 20, 2015 and the subsequent vestings on each annual anniversary of the grant date thereafter. The reported number of shares is net of 442 shares withheld by the Issuer for tax withholding purposes. Includes 3,566 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 5,386 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 annual anniversary of the grant date thereafter. The reported number is net of 1,820 shares withheld by the Issuer for tax withholding purposes. Includes 3,025 restricted shares granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 7,770 shares will vest in four equal annual installments of 25%, with the first installment to vest on the grant date and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all shares became 100% vested. The reported number of shares is net of 2,745 shares withheld by the Issuer for tax withholding purposes and 2,000 shares sold on the open market. Includes 1,281 shares of restricted stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. The original grant of 2,621 shares cliff vested on June 30, 2017 if and only if, United Financial Bancorp, Inc. meets certain performance goals. Not all requirements were met, and as a result, this transaction represents the distribution of the original 2,621 granted shares decreased by 656 shares for not meeting those performance requirements. The reported number of shares is net of 684 shares withheld by the Issuer for tax withholding purposes Includes 5,386 restricted stock shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan and cliff vest on December 31, 2018, if, and only if, United Financial Bancorp, Inc. meets certain performance goals. Includes 894 restricted stock granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, the original grant of 1,358 performance shares became 100% vested at target. The reported number of shares is net of 464 shares withheld by the Issuer for tax withholding purposes. Includes 3,231 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. Includes 3,389 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. Includes 3,916 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 4,381 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 465 shares withheld by the Issuer for tax withholding purposes. Includes 7,803 restricted shares granted pursuant to the United Financial Bancorp, Inc. 2015 Omnibus Stock Incentive Plan. The original grant of 7,803 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. Includes 7,803 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. Shares allocated to the account of Mr. Lorey under the United Bank 401(k) Plan, of which all shares are vested. Stock options granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and will become exercisable in four equal annual installments of 25%, with the first installment to vest on the grant date and an additional 25% to vest on each annual anniversary of the grant date thereafter. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all options became 100% vested and exercisable. Stock 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 the grant date and an additional 20% to vest on each annual anniversary of the grant date thereafter. Stock 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. Pursuant to the Agreement and Plan of Merger, dated November 14, 2013, at legal close on April 30, 2014, all options became 100% vested and exercisable. Stock options granted pursuant to the Rockville Financial, Inc.'s 2012 Stock Incentive Plan and will become exercisable in four equal annual installments of 25%, with the first installment to vest at the one year anniversary of the grant date and an additional 25% to vest on each annual anniversary of the grant date thereafter. /s/ Marliese L. Shaw by POA 2019-02-25