4//SEC Filing
Westermann Donald Michael 4
Accession 0000899243-23-006965
CIK 0001810546other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 4:08 PM ET
Size
17.4 KB
Accession
0000899243-23-006965
Insider Transaction Report
Form 4
Westermann Donald Michael
Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2023-03-01+9,487→ 9,487 total - Tax Payment
Common Stock
2023-03-01$15.63/sh−2,913$45,530→ 6,574 total - Exercise/Conversion
Restricted Stock Units
2023-03-01−9,487→ 37,951 total→ Common Stock (9,487 underlying) - Award
Restricted Stock Units
2023-03-01+5,930→ 5,930 total→ Common Stock (5,930 underlying)
Holdings
- 20,720(indirect: By 401(k))
Common Stock
- 1,845(indirect: By ESOP)
Common Stock
Footnotes (5)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Reflects the amount of shares beneficially owned, including shares received due to automatic dividend reinvestment, as of the date of this report.
- [F3]Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date.
- [F4]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.
- [F5]On March 1, 2023, the reporting person was granted 5,930 restricted stock units that vest in three equal annual 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.
Issuer
Eastern Bankshares, Inc.
CIK 0001810546
Entity typeother
Related Parties
1- filerCIK 0001825585
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 4:08 PM ET
- Size
- 17.4 KB