Zaitzeff Michael 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Feb 8, 2024
Insider Transaction Report
Form 4
Zaitzeff Michael
Director
Transactions
- Sale
Common Stock
2024-02-08$22.28/sh−500$11,140→ 800 total - Sale
Common Stock
2024-02-08$22.33/sh−400$8,932→ 0 total - Sale
Common Stock
2024-02-08$22.28/sh−600$13,368→ 1,300 total - Sale
Common Stock
2024-02-08$22.33/sh−400$8,932→ 400 total - Sale
Common Stock
2024-02-06$22.34/sh−18,394$410,845→ 219,714 total(indirect: VM GP VII) - Sale
Common Stock
2024-02-07$22.20/sh−19,660$436,426→ 200,054 total(indirect: VM GP VII) - Sale
Common Stock
2024-02-08$22.59/sh−23,127$522,418→ 176,927 total(indirect: VM GP VII) - Sale
Common Stock
2024-02-08$22.32/sh−765$17,075→ 1,900 total
Holdings
- 2,595(indirect: By Stock Award IV)
Common Stock
Footnotes (6)
- [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.3024 to $22.5680. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Securities of the Issuer beneficially owned directly by VM GP VII LLC ("VM GP VII"). The Reporting Person, as a managing member of VM GP VII, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VM GP VII.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.1943 to $22.2000. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.4953 to $22.6400. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 100% on January 30, 2025.
- [F6]The Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.