Ahlquist David Andrew 4
4 · Eastern Bankshares, Inc. · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Ahlquist David Andrew
SVP, Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2024-03-01+6,588→ 6,588 total→ Common Stock (6,588 underlying) - Exercise/Conversion
Common Stock
2024-03-01+4,585→ 16,629 total - Tax Payment
Common Stock
2024-03-01$12.81/sh−1,590$20,368→ 15,039 total - Exercise/Conversion
Restricted Stock Units
2024-03-01−3,130→ 3,130 total→ Common Stock (3,130 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-01−1,455→ 2,913 total→ Common Stock (1,455 underlying)
Holdings
- 21,360(indirect: By 401(k))
Common Stock
- 2,793(indirect: By ESOP)
Common Stock
Footnotes (7)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Includes 10,000 shares held in joint tenancy with spouse.
- [F3]Reflects the amount of shares beneficially owned, including shares received due to automatic dividend reinvestment, as of the date of this report.
- [F4]Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date.
- [F5]On March 1, 2022, the reporting person was granted 9,389 restricted stock units that vest in three 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.
- [F6]On March 1, 2023, the reporting person was granted 4,368 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.
- [F7]On March 1, 2024, the reporting person was granted 6,588 restricted stock units that vest in three equal annual installments beginning March 1, 2025, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date