Beacon Financial Corp — Director's Dealing 2011

May 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BERKSHIRE HILLS BANCORP INC (BHLB)
CIK: 0001108134
Period of Report: 2011-04-29

Reporting Person: MAHONEY CORNELIUS D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-29	Common Stock	S	4001	$22.1120	Disposed	44821	Direct
2011-04-29	Common Stock	S	999	$22.2754	Disposed	43822	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	943	Indirect
Common Stock	1208	Indirect
Common Stock	675	Indirect
Common Stock	675	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right-to-buy)	$37.25	2014-01-30	Common Stock (15000)	15000	Direct

Footnotes

F1: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2003 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2011.

F2: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2003 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2012.