WELLS ROBERT A 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Nov 17, 2003
Insider Transaction Report
Form 4
WELLS ROBERT A
Director
Transactions
- Exercise/Conversion
Common Stock
2003-11-14$16.75/sh+2,940$49,245→ 17,774 total - Exercise/Conversion
Common Stock
2003-11-14$16.75/sh+3,160$52,930→ 20,934 total - Exercise/Conversion
Non-Statutory Stock Option (right-to-buy)
2003-11-14−3,160→ 28,380 totalExercise: $16.75From: 2002-01-30Exp: 2011-01-30→ Common Stock (3,160 underlying) - Exercise/Conversion
Stock Option (right-to-buy)
2003-11-14−2,940→ 17,910 totalExercise: $16.75From: 2002-01-30Exp: 2011-01-30→ Common Stock (2,940 underlying) - Sale
Common Stock
2003-11-14$35.65/sh−3,500$124,775→ 17,434 total - Sale
Common Stock
2003-11-14$35.81/sh−1,500$53,715→ 15,934 total - Sale
Common Stock
2003-11-14$35.75/sh−1,000$35,750→ 14,934 total - Sale
Common Stock
2003-11-14$35.70/sh−100$3,570→ 14,834 total
Holdings
- 1,899(indirect: By SERP)
Common Stock
- 1,100(indirect: By Spouse)
Common Stock
- 22,100(indirect: By Stock Award)
Common Stock
- 2,468(indirect: By ESOP)
Common Stock
- 25,772(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2001 Stock-Based Incentive Plan vest in five equal annual installments commencing on January 30, 2004.
- [F2]Non-Statutory Stock Options granted pursuant to the Berkshire Hills Bancorp, Inc. 2001 Stock-Based Incentive Plan vest in five equal annual installments commencing on January 30, 2002.
- [F3]Stock Options granted pursuant to the Berkshire Hills Bancorp, Inc. 2001 Stock-Based Incentive Plan vest in five equal annual installments commencing on January 30, 2002.