EASTERN CO — Director's Dealing 2021

May 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EASTERN CO (EML)
CIK: 0000031107
Period of Report: 2021-02-04

Reporting Person: SULLIVAN JOHN L III (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-04	Class A Common Stock	L	8	$24.51	Acquired	31097	Direct
2021-03-05	Class A Common Stock	L	7	$26.82	Acquired	31104	Direct
2021-03-15	Class A Common Stock	P	104	$26.51	Acquired	31208	Direct
2021-04-06	Class A Common Stock	L	9	$27.51	Acquired	31217	Direct
2021-05-05	Class A Common Stock	L	7	$29.29	Acquired	31224	Direct
2021-05-10	Class A Common Stock	M	8333	$19.10	Acquired	39557	Direct
2021-05-10	Class A Common Stock	D	5100	$31.21	Disposed	34457	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-10	Stock Appreciation Rights	$19.10	M	8333	Disposed	2022-03-02	Common Stock (8333)	Direct
2021-04-27	Stock Appreciation Rights	$24.90	A	10000	Acquired	2023-02-07	Common Stock (10000)	Direct

Footnotes

F1: Represents shares acquired by the reporting person under The Eastern Company Investors Choice Dividend Reinvestment and Direct Stock Purchase Sale Plan that are eligible for deferred reporting pursuant to Rule 16a-6 under the Securities Exchange Act of 1934, as amended.

F2: Represents shares acquired by the reporting person through the reinvestment of dividends under The Eastern Company Investors Choice Dividend Reinvestment and Direct Stock Purchase Sale Plan.

F3: The reporting person received 3,233 shares of common stock upon the net exercise of 8,333 stock appreciation rights (SARs). A total of 5,100 shares of common stock underlying such SARs were withheld in the payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise.