Sec Form 4 Filing - Gervais Laurie L @ SI Financial Group, Inc. - 2013-11-06

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Gervais Laurie L
2. Issuer Name and Ticker or Trading Symbol
SI Financial Group, Inc. [ SIFI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Senior Vice President of the B
(Last) (First) (Middle)
803 MAIN STREET
3. Date of Earliest Transaction (MM/DD/YY)
11/06/2013
(Street)
WILLIMANTIC, CT06226
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/06/2013 S 100 D $ 11.335 11,830 D
Common Stock 11/06/2013 S 200 D $ 11.38 11,630 D
Common Stock 11/06/2013 S 200 D $ 11.26 11,430 D
Common Stock 11/06/2013 S 300 D $ 11.3 11,130 D
Common Stock 11/06/2013 S 300 D $ 11.29 10,830 D
Common Stock 11/06/2013 S 600 D $ 11.2801 10,230 D
Common Stock 17,496 I By 401(k)
Common Stock 449 I By Custodian For Child 1
Common Stock 449 I By Custodian For Child 2
Common Stock 4,117 I By ESOP
Common Stock 10,000 I By Performance Stock Award ( 1 )
Common Stock 7,500 I By Stock Award ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $ 9.4 02/16/2012( 3 ) 02/16/2021 Common Stock 5,000 5,000 D
Stock Options $ 5.68 02/24/2011( 4 ) 02/24/2020 Common Stock 4,490 4,490 D
Stock Options $ 11.25 05/17/2006( 5 ) 05/17/2015 Common Stock 24,249 24,249 D
Stock Options $ 11.01 10/24/2013( 6 ) 10/24/2022 Common Stock 30,000 30,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gervais Laurie L
803 MAIN STREET
WILLIMANTIC, CT06226
Senior Vice President of the B
Signatures
/s/ Laurie L. Gervais 11/06/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The performance stock award vests in four equal annual installments commencing on February 26, 2014 and in each case is subject to continued employment with the Company and the achievement of certain performance metrics. If such performance metrics have not been satisfied as of such dates the awards may vest on a subsequent vesting date if the tangible book value of the Company's common stock on that date equals or exceeds the value on the grant date. All unvested award shares after the fourth vesting date will be forfeited.
( 2 )Stock Awards granted pursuant to the SI Financial Group, Inc. 2012 Equity Incentive Plan vest in four equal annual installments commencing on October 24, 2013.
( 3 )Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan vest in five equal annual installments commencing on February 16, 2012.
( 4 )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.
( 5 )Stock Options granted pursuant to the SI Financial Group, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.
( 6 )Stock Options granted pursuant to the SI Financial Group, Inc. 2012 Equity Incentive Plan vest in five equal annual installments commencing on October 24, 2013.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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