EASTERN CO — Director's Dealing 2007

Jan 19, 2007

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: EASTERN CO (EML)
CIK: 0000031107
Period of Report: 2006-12-31

Reporting Person: TUTTLE DONALD S III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-31	Common Stock	J	501	—	Acquired	47500	Direct
2006-04-08	Common Stock	W	36825	—	Acquired	84325	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
1997-09-17	Non-qualified stock option	$6.61	A	0	Acquired	2007-10-17	Common Stock (33750)	Direct
1998-09-09	Non-qualified stock option	$9.33	A	0	Acquired	2008-10-09	Common Stock (22500)	Direct
1999-12-15	Non-qualified stock option	$10.17	A	0	Acquired	2010-01-15	Common Stock (18750)	Direct

Footnotes

F1: Mr. Tuttle inherited 334 shares on 5/31/2006. As a result of a 3 for 2 stock split effective 10/18/2006, these shares are
now 501 shares.

F2: On 4/8/2006, by action of the probate court, Mr. Tuttle became a Co-trustee of the revolcable trust established under an
agreement dated October 27, 1998 with Donad S. Tuttle, Jr. At that time, the trust owned 24,550 shares. As a result of a
3-for-2 stock split effective 10/18/2006, these shares are now 36,285 shares.

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 is now an option for 33,750 shares at $6.61 per share.

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.