Beacon Financial Corp — Director's Dealing 2014

Feb 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BERKSHIRE HILLS BANCORP INC (BHLB)
CIK: 0001108134
Period of Report: 2014-01-30

Reporting Person: DALY MICHAEL P (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-30	Common Stock	F	2136	$25.00	Disposed	86810	Direct
2014-01-30	Common Stock	A	9450	$0.00	Acquired	9450	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	0	Indirect
Common Stock	1891	Indirect
Common Stock	4975	Indirect
Common Stock	21480	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right-to-buy)	$37.80	2014-01-30	Common Stock (6000)	6000	Direct

Footnotes

F1: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2003 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2012.

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, 2013.

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, 2014.

F4: 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.

F5: Since the reporting person's last report, 1,963 shares previously held through Stock Award X, 1,891 shares previously held through Stock Award XI and 2,488 shares previously held through Stock Award XII have vested and are now owned directly.

F6: This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).