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Beacon Financial Corp Director's Dealing 2023

Apr 4, 2023

31675_dirs_2023-04-04_455d88f8-d245-489e-a3f6-6cf7ee26fbc3.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: 2023-04-01

Reporting Person: Brbovic Brett (Sr Managing Dir and CAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-04-01 Common Stock F 148 $25.06 Disposed 5498 Direct
2023-04-01 Common Stock A 2445 Acquired 2445 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1647 Indirect
Common Stock 926 Indirect
Common Stock 1439 Indirect
Common Stock 953 Indirect
Common Stock 1047 Indirect
Common Stock 550 Indirect

Footnotes

F1: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 50% in three equal annual installments commencing on July 1, 2021 with the remaining 50% vesting on July 1, 2023.

F2: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2022 with the remaining 50% vesting on April 1, 2024.

F3: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 100% on July 1, 2024.

F4: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2023 with the remaining 50% vesting on April 1, 2025.

F5: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan Stock Awards vest 50% in three equal annual installments commencing on January 30, 2024 with the remaining 50% vesting on January 30, 2026.

F6: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2024 with the remaining 50% vesting on April 1, 2026.

F7: Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

F8: Since the reporting person's last report, 185 shares previously held through Stock Award II and 238 shares previously held through Stock Award IV have vested and are now owned directly.