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Beacon Financial Corp Director's Dealing 2019

Feb 22, 2019

31675_dirs_2019-02-22_0f3f5241-3b21-487a-831d-897870c23a97.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: O'Rourke Allison (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-21 Common Stock A 818 $0.00 Acquired 4615 Direct
2019-02-21 Common Stock F 234 $30.75 Disposed 4381 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 282 Indirect
Common Stock 597 Indirect
Common Stock 1577 Indirect
Common Stock 443 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 900 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 818 shares of restricted stock, and were transferred to the executive on February 21, 2019.