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UBNK United Financial Bancorp Inc

14.12
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
United Financial Bancorp Inc NASDAQ:UBNK NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.12 14.15 18.45 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

04/11/2019 7:23pm

Edgar (US Regulatory)


FORM 4
[X] 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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Wynnick Elizabeth
2. Issuer Name and Ticker or Trading Symbol

United Financial Bancorp, Inc. [ UBNK ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP
(Last)          (First)          (Middle)

UNITED FINANCIAL BANCORP, INC., 225 ASYLUM STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

11/1/2019
(Street)

HARTFORD, CT 06103
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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  11/1/2019    D    40824.8055  D  (1) 0  D   
Common Stock  11/1/2019    D    6426.886  D  (1) 0  I  United Bank 401(k) plan 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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  $13.73  11/1/2019    D        3730   6/20/2015  6/20/2024  Common Stock  3730.0   (2) 0  D   
Stock Options  $10.99  11/1/2019    D        23525   6/21/2012  6/21/2022  Common Stock  23525.0   (2) 0  D   
Stock Options  $13.25  11/1/2019    D        8447   6/21/2013  6/21/2023  Common Stock  8447.0   (2) 0  D   
Stock Options  $10.99  11/1/2019    D        8350   6/21/2012  6/21/2022  Common Stock  8350.0   (2) 0  D   
Stock Options  $13.25  11/1/2019    D        2815   6/21/2013  6/21/2023  Common Stock  2815.0   (2) 0  D   
Stock Options  $13.73  11/1/2019    D        11192   6/20/2015  6/20/2024  Common Stock  11192.0   (2) 0  D   

Explanation of Responses:
(1)  Disposed of pursuant to the Agreement and Plan of Merger, dated as of July 15, 2019 (the "Merger Agreement"), by and between United Financial Bancorp, Inc. ("UBNK") and People's United Financial, Inc. ("People's United"), in exchange for 0.875 shares of common stock of People's United ("People's United Common Stock") per share of common stock of UBNK, with cash payable in lieu of any fractional shares. As a result of the merger, the reporting person no longer beneficially owns directly or indirectly any shares of issuer common stock.
(2)  Pursuant to the Merger Agreement, each UBNK stock option, whether or not then vested or free of conditions to payment, was cancelled and converted automatically into the right to receive a number of shares of People's United Common Stock specified in the Merger Agreement.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Wynnick Elizabeth
UNITED FINANCIAL BANCORP, INC.
225 ASYLUM STREET
HARTFORD, CT 06103


EVP

Signatures
/s/ Eric R. Newell 11/4/2019
**Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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1 Year United Financial Bancorp Chart

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