WELLS ROBERT A 4

4 · BERKSHIRE HILLS BANCORP INC · Filed Nov 25, 2003

Form 4

Period: 2003-11-24

Director

Transactions

Sale
Common Stock
2003-11-24$33.61/sh−500$16,805→ 19,390 total
Exercise/Conversion
Common Stock
2003-11-24$16.75/sh+5,056$84,688→ 19,890 total
Exercise/Conversion
Non-Statutory Stock Option (right-to-buy)
2003-11-24−5,056→ 18,924 total
Exercise: $16.75From: 2002-01-30Exp: 2011-01-30→ Common Stock (5,056 underlying)
Sale
Common Stock
2003-11-24$33.50/sh−3,156$105,726→ 14,834 total
Sale
Common Stock
2003-11-24$33.60/sh−1,400$47,040→ 17,990 total

Holdings

Common Stock
(indirect: By ESOP)
2,468
Stock Option (right-to-buy)
Exercise: $16.75From: 2002-01-30Exp: 2011-01-30→ Common Stock (17,910 underlying)
17,910
Common Stock
(indirect: By 401(k))
25,772
Common Stock
(indirect: By Spouse)
1,100
Common Stock
(indirect: By Stock Award)
22,100
Common Stock
(indirect: By SERP)
1,899

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.

Documents

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