EASTERN CO — Director's Dealing 2010

Jan 14, 2010

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: EASTERN CO (EML)
CIK: 0000031107
Period of Report: 2010-01-02

Reporting Person: SULLIVAN JOHN L III (Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-15	Common Stock	A	422	—	Acquired	21672	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2000-07-19	Qualified employee stock option	$9.50	A	0	Acquired	2010-07-19	Common Stock (30000)	Direct
2001-04-26	Qualified employee stock option	$9.6	A	0	Acquired	2011-04-26	Common Stock (22500)	Direct

Footnotes

F1: 422 shares acquired at various prices for the period 6/4/09 through 12/15/09 under The Eastern Company Dividend Reinvestment
Plan and The Eastern Company Employee Stock Purchase Plan.

F2: Original 7/19/2000 option was for 20,000 shares at $14.25 per share. 4,810 shares were vested on 1/1/2001; 7,017 shares were
vested on 1/1/2002; 7,017 shares were vested on 1/1/2003, and the remaining 1,156 shares were vested on 1/1/2004. As a
result of a 3-for-2 stock split effective 10/18/2006 this option is now for 30,000 shares at $9.50 per share.

F3: Original 4/26/2001 option was for 15,000 shares at $14.40 per share. 5,800 shares were vested on 1/1/2004; 6,944 shares were
vested on 1/1/2005, and the remaining 2,256 shares were vested on 1/1/2006. As a result of a 3-for-2 stock split effective
10/18/2006 this option is now for 22,500 shares at $9.60 per share.