Eastern Bankshares, Inc.·4

Mar 3, 4:08 PM ET

Heinemann Barbara Jane 4

4 · Eastern Bankshares, Inc. · Filed Mar 3, 2023

Insider Transaction Report

Form 4
Period: 2023-03-01
Transactions
  • Exercise/Conversion

    Common Stock

    2023-03-01+9,48729,487 total
  • Tax Payment

    Common Stock

    2023-03-01$15.63/sh2,956$46,20226,531 total
  • Exercise/Conversion

    Restricted Stock Units

    2023-03-01$15.63/sh9,487$148,28237,951 total
    Common Stock (9,487 underlying)
  • Award

    Restricted Stock Units

    2023-03-01+5,2065,206 total
    Common Stock (5,206 underlying)
Holdings
  • Common Stock

    (indirect: By IRA)
    40,000
  • Common Stock

    (indirect: By 401(k))
    43,512
  • Common Stock

    (indirect: By ESOP)
    1,845
Footnotes (6)
  • [F1]Restricted stock units convert into common stock on a one-for-one basis.
  • [F2]Includes 20,000 shares held in joint tenancy with spouse.
  • [F3]Reflects the amount of shares beneficially owned, including shares received due to automatic dividend reinvestment, as of the date of this report.
  • [F4]Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date.
  • [F5]On March 1, 2022, the reporting person was granted 47,438 restricted stock units that vest in five equal annual installments beginning March 1, 2023, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
  • [F6]On March 1, 2023, the reporting person was granted 5,206 restricted stock units that vest in three equal installments beginning March 1, 2024, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.

Documents

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