Beacon Financial Corp — Director's Dealing 2010

Feb 4, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BERKSHIRE HILLS BANCORP INC (BHLB)
CIK: 0001108134
Period of Report: 2010-01-30

Reporting Person: OLEKSAK MICHAEL J (VP of Commercial Banking)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-30	Common Stock	F	1366	$16.55	Disposed	5158	Direct
2010-02-02	Common Stock	P	350	$17.50	Acquired	5508	Direct
2010-02-02	Common Stock	P	1400	$17.31	Acquired	6908	Direct
2010-01-30	Common Stock	A	5438	—	Acquired	5438	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1062	Indirect
Common Stock	0	Indirect
Common Stock	1186	Indirect
Common Stock	1196	Indirect

Footnotes

F1: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2001 Stock-Based Incentive Plan vest in five equal annual
installments commencing on January 30, 2008.

F2: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2003 Equity Compensation Plan vest in three equal annual
installments commencing on January 30, 2009.

F3: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2008 Equity Compensation Plan vest in three equal annual
installments commencing on January 30, 2010.

F4: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2008 Equity Compensation Plan vested on January 30, 2010.

F5: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2003 Equity Compensation Plan vest in three equal annual
installments commencing on January 30, 2011.

F6: Since the reporting person's last report, 594 shares previously held throught Stock Award II, 1,197 shares previusly held
throught Stock Award III, 532 shares previously held through Stock Award IV, and 1,276 shares previously held through Stock
Award V have vested and are now owned directly.