WELLS ROBERT A 4

4 · BERKSHIRE HILLS BANCORP INC · Filed Jan 3, 2005

Form 4

Period: 2004-12-22

Director

Transactions

Holdings

Common Stock
(indirect: By 401(k))
26,660
Common Stock
[F2]
(indirect: By ESOP)
3,345
Common Stock
(indirect: By Spouse)
1,100
Common Stock
[F3]
(indirect: By Stock Award)
14,733
Common Stock
[F4]
(indirect: By Stock Award II)
287
Non-Statutory Stock Option (right-to-buy)
[F5]
Exercise: $16.75From: 2002-01-30Exp: 2011-01-30→ Common Stock (18,924 underlying)
18,924
Stock Option (right-to-buy)
[F6]
Exercise: $16.75From: 2002-01-30Exp: 2011-01-30→ Common Stock (13,710 underlying)
13,710
Stock Option (right-to-buy)
[F4]
Exercise: $37.80From: 2007-01-30Exp: 2014-01-30→ Common Stock (495 underlying)
495

Footnotes (6)

[F1]Includes 2,345 shares previously owned indirectly through the SERP.
[F2]This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16a-11.
[F3]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, 2002.
[F4]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2003 Equity Compensation Plan will vest on January 30, 2007.
[F5]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.
[F6]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.

Signature

/s/ Wells, Robert A.|2004-12-31

Documents

1 file