Beacon Financial Corp — Director's Dealing 2015

Feb 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BERKSHIRE HILLS BANCORP INC (BHLB)
CIK: 0001108134
Period of Report: 2015-02-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-23	Common Stock	A	2838	$0.00	Acquired	97499	Direct
2015-02-23	Common Stock	F	923	$26.24	Disposed	96576	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1025	Indirect
Common Stock	2487	Indirect
Common Stock	6300	Indirect
Common Stock	13655	Indirect
Common Stock	31892	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, 2014.

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, 2015.

F3: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2016.

F4: On January 30, 2012 the reporting person was granted 5,675 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 50% of target, resulting in the vesting of 2,838 shares of restricted stock, and were transferred to the executive on February 23, 2015.

F5: Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.