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Beacon Financial Corp — Director's Dealing 2024
Feb 7, 2024
31675_dirs_2024-02-07_9b64b37f-2df4-4908-9edc-051dc42900d6.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: 2024-02-06
Reporting Person: Gray Sean (SEVP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-06 | Common Stock | A | 25910 | — | Acquired | 106857 | Direct |
| 2024-02-06 | Common Stock | F | 8569 | $22.32 | Disposed | 98288 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7927 | Indirect |
| Common Stock | 4392 | Indirect |
| Common Stock | 2665 | Indirect |
| Common Stock | 2639 | Indirect |
Footnotes
F1: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2023.
F2: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2024.
F3: Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2025.
F4: On January 30, 2021 the reporting person was granted 20,804 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 124.54% of target, resulting in the vesting of 25,910 shares of restricted stock, and were transferred to the executive on February 6, 2024.