EASTERN CO — Director's Dealing 2007

Mar 22, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTERN CO (EML)
CIK: 0000031107
Period of Report: 2007-03-21

Reporting Person: HENRY CHARLES W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-21	Common Stock	S	100	$26.48	Disposed	78483	Direct
2007-03-21	Common Stock	S	300	$26.45	Disposed	78183	Direct
2007-03-21	Common Stock	S	300	$26.30	Disposed	77883	Direct
2007-03-21	Common Stock	S	100	$26.28	Disposed	77783	Direct
2007-03-21	Common Stock	S	200	$26.25	Disposed	77583	Direct
2007-03-22	Common Stock	S	100	$26.32	Disposed	77483	Direct
2007-03-22	Common Stock	S	100	$26.30	Disposed	77383	Direct
2007-03-22	Common Stock	S	400	$26.24	Disposed	76983	Direct
2007-03-22	Common Stock	S	400	$26.22	Disposed	76583	Direct
2007-03-22	Common Stock	S	3000	$26.15	Disposed	73583	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
1998-09-09	Non-qualified stock options	$9.33	A	0	Acquired	2008-10-09	Common Stock (22500)	Direct
1999-12-15	Non-qualified stock options	$10.17	A	0	Acquired	2010-01-15	Common Stock (18750)	Direct

Footnotes

F1: March 21, 2007, 100 shares sold on the open market for $26.48 per share.

F2: March 21, 2007, 300 shares sold on the open market for $26.45 per share.

F3: March 21, 2007, 300 shares sold on the open market for $26.30 per share.

F4: March 21, 2007, 100 shares sold on the open market for $26.28 per share.

F5: March 21, 2007, 200 shares sold on the open market for $26.25 per share.

F6: March 22, 2007, 100 shares sold on the open market for $26.32 per share.

F7: March 22, 2007, 100 shares sold on the open market for $26.30 per share.

F8: March 22, 2007, 400 shares sold on the open market for $26.24 per share.

F9: March 22, 2007, 400 shares sold on the open market for $26.22 per share.

F10: March 22, 2007, 3,000 shares sold on the open market for $26.15 per share.

F11: The original option on 9/9/1998 was for 10,000 shares at $21.00 per share. As a result of a 3-for-2 stock split effective
5/19/1999 and a 3-for-2 stock split effective 10/18/2006, this option is now 22,500 shares at $9.33 per share.

F12: The original 12/15/1999 option was for 12,500 shares at $15.25 per share. As a result of a 3-for-2 stock split effective
10/18/2006 this option is now 18,750 shares at $10.17 per share.