EASTERN CO — Director's Dealing 2007

Feb 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTERN CO (EML)
CIK: 0000031107
Period of Report: 2007-02-13

Reporting Person: TUTTLE DONALD S III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-13	Common Stock	M	23750	$6.61	Acquired	71250	Direct
2007-02-14	Common Stock	S	100	$25.76	Disposed	71150	Direct
2007-02-14	Common Stock	S	1100	$25.75	Disposed	70050	Direct
2007-02-14	Common Stock	S	200	$25.65	Disposed	69850	Direct
2007-02-14	Common Stock	S	2100	$25.64	Disposed	67750	Direct
2007-02-14	Common Stock	S	500	$25.60	Disposed	67250	Direct
2007-02-14	Common Stock	S	500	$25.58	Disposed	66750	Direct
2007-02-15	Common Stock	S	1600	$25.60	Disposed	65150	Direct
2007-02-15	Common Stock	S	1400	$25.50	Disposed	63750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
1997-09-17	Non-qualified stock options	$6.61	M	23750	Disposed	2007-10-17	Common Stock (23750)	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: 23,750 shares exercised on February 13, 2007 at $6.61 per share. 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 is now an option for 32,750 shares at $6.61 per share.

F2: February 14, 2007, 100 shares sold on the open market for $25.76 per share.

F3: February 14, 2007, 1,100 shares sold on the open market for $25.75 per share.

F4: February 14, 2007, 200 shares sold on the open market for $25.65 per share.

F5: February 14, 2007, 2,100 shares sold on the open market for $25.64 per share.

F6: February 14, 2007, 500 shares sold on the open market for $25.60 per share.

F7: February 14, 2007, 500 shares sold on the open market for $25.58 per share.

F8: February 15, 2007, 1,600 shares sold on the open market for $25.60 per share.

F9: February 15, 2007, 1,400 shares sold on the open market for $25.50 per share.

F10: 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 is now 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.

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.