EASTERN CO — Director's Dealing 2007

Feb 20, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTERN CO (EML)
CIK: 0000031107
Period of Report: 2007-02-16

Reporting Person: TUTTLE DONALD S III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-16	Common Stock	S	9721	$25.00	Disposed	54029	Direct
2007-02-20	Common Stock	S	4800	$24.75	Disposed	49229	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
1997-09-17	Non-qualified stock options	$6.61	A	0	Acquired	2007-10-17	Common Stock (10000)	Direct
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

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	36825	Indirect

Footnotes

F1: February 16, 2007, 9,721 shares sold on the open market for $25.00 per share.

F2: February 20, 2007, 4,800 shares sold on the open market for $24.75 per share.

F3: The original option on 9/17/1997 was for 15,000 shares at $14.875 per share. As a result of a 3-for-2 stock split effective
5/28/1999 and a 3-for-2 stock split effective 10/18/2006, this option became an option for 33,750 shares at $6.61 per share.
On February 13, 2007 23,750 shares were exercised at $6.61, leaving a balance of 10,000 options.

F4: 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
5/28/1999 and a 3-for-2 stock split effective 10/18/2006, this option is now an option for 22,500 shares at $9.33 per share.

F5: The original option on 12/15/1999 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 an option for 18,750 shares at $10.17 per share.