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EASTERN CO Director's Dealing 2010

Sep 1, 2010

33928_dirs_2010-09-01_d1c90719-f00e-47bc-a409-46221d73ad36.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTERN CO (EML)
CIK: 0000031107
Period of Report: 2010-08-30

Reporting Person: Sapack Kenneth (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-30 Common Stock S 11 $17.00 Disposed 7168 Direct
2010-08-30 Common Stock S 2463 $16.75 Disposed 4705 Direct
2010-08-30 Common Stock S 537 $16.7519 Disposed 4168 Direct
2010-08-31 Common Stock S 1105 $16.99 Disposed 3063 Direct
2010-09-01 Common Stock S 3000 $17.00 Disposed 63 Direct
2010-09-01 Common Stock S 63 $17.045 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2001-04-26 Qualified employee stock option $9.60 A 0 Acquired 2011-04-26 Common Stock (7500) Direct

Footnotes

F1: On August 30, 2010, 11 shares sold on the open market for $17.00 per share.

F2: On August 30, 2010, 2,463 shares sold on the open market for $16.75 per share.

F3: On August 30, 2010, 537 shares sold on the open market for $16.75186 per share.

F4: On August 31, 2010, 1,105 shares sold on the open market for $16.99 per share.

F5: On September 1, 2010, 3,000 shares sold on the open market for $17.00 per share.

F6: On September 1, 2010, 63 shares sold on the open market for $17.045 per share.

F7: The original 4/26/2001 option was for 5,000 shares at $14.40 per share. As a result of a 3-for-2 stock split effective 10/18/2006 this option is now for 7,500 shares at $9.60 per share.