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Beacon Financial Corp — Director's Dealing 2019
Feb 22, 2019
31675_dirs_2019-02-22_82972026-0131-4574-aee4-2d1592f4d99a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BERKSHIRE HILLS BANCORP INC (BHLB)
CIK: 0001108134
Period of Report: 2019-02-21
Reporting Person: Gunsch Tami A. (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-21 | Common Stock | A | 1391 | $0.00 | Acquired | 15225 | Direct |
| 2019-02-21 | Common Stock | F | 409 | $30.75 | Disposed | 14816 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 347 | Indirect |
| Common Stock | 753 | Indirect |
| Common Stock | 1720 | Indirect |
| Common Stock | 411 | Indirect |
Footnotes
F1: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2018.
F2: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2019.
F3: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2020.
F4: Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F5: On January 30, 2016 the reporting person was granted 1,530 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 90.86% of target, resulting in the vesting of 1,391 shares of restricted stock, and were transferred to the executive on February 21, 2019.