EASTERN CO — Director's Dealing 2009

Nov 17, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTERN CO (EML)
CIK: 0000031107
Period of Report: 2009-11-16

Reporting Person: TUTTLE DONALD S III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-11-16	Common Stock	F	12422	$15.35	Disposed	47578	Direct
2009-11-16	Common Stock	M	18750	$10.17	Acquired	66328	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-11-16	Non-qualified stock options	$10.17	M	18750	Disposed	2010-01-15	Common Stock (18750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	28825	Indirect

Footnotes

F1: 12,422 shares of previously acquired Eastern Company stock were surrendered to Eastern Treasury at the closing price on
November 13, 2009 of $15.35 per share, for the purchase of stock options.

F2: 18,750 shares were exercised on November 16, 2009 at $10.17 per share. 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.

F3: 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.18,750 shares were exercised on November 16,
2009 at $10.17 per share, leaving a zero balance.