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Beacon Financial Corp Director's Dealing 2020

Feb 3, 2020

31675_dirs_2020-02-03_7db503da-3eaf-4df4-ad17-79afb82ff704.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: 2020-01-30

Reporting Person: Lindenmuth Gregory D (EVP and Chief Risk Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-01-30 Common Stock F 1143 $29.09 Disposed 3672 Direct
2020-01-30 Common Stock A 2201 $0.00 Acquired 2201 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 0 Indirect
Common Stock 332 Indirect
Common Stock 1433 Indirect
Common Stock 2186 Indirect

Footnotes

F1: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest 50% in three equal annual installments beginning on January 30, 2018 with the remaining 50% vesting on January 30, 2020.

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: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2021.

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

F6: Since the reporting person's last report, 2,250 shares previously held through Stock Award I, 332 shares previously held through Stock Award II and 717 shares previously held through Stock Award III have vested and are now owned directly.