Beacon Financial Corp — Director's Dealing 2014

Feb 28, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BERKSHIRE HILLS BANCORP INC (BHLB)
CIK: 0001108134
Period of Report: 2014-02-27

Reporting Person: Marotta Richard M (EVP and Chief Risk Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-27	Common Stock	A	3482	$0.00	Acquired	18375	Direct
2014-02-27	Common Stock	F	1134	$25.26	Disposed	17241	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	982	Indirect
Common Stock	2418	Indirect
Common Stock	4000	Indirect
Common Stock	10000	Indirect

Footnotes

F1: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2011 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2013.

F2: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2011 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2014.

F3: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2011 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2015.

F4: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2015.

F5: On January 30, 2011 the reporting person was granted 3,535 shares of restricted stock subject to a three-year cliff vesting schedule and subject to the satisfaction of certain performance criteria. The shares vested at 98.5% of target, resulting in the vesting of 3,482 shares of restricted stock, and were transferred to the executive on February 27, 2014.