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4//SEC Filing

Pueyo Pilar 4

Accession 0001062993-24-013795

CIK 0000711772other

Filed

Jul 14, 8:00 PM ET

Accepted

Jul 15, 4:56 PM ET

Size

6.9 KB

Accession

0001062993-24-013795

Insider Transaction Report

Form 4
Period: 2024-07-12
Pueyo Pilar
SVP & Director of HR
Transactions
  • Disposition to Issuer

    Common Stock

    2024-07-125,7290 total
  • Disposition to Issuer

    Common Stock

    2024-07-125390 total(indirect: ESOP)
Footnotes (2)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") dated as of September 19, 2023, by and between Cambridge Bancorp ("Cambridge"), Cambridge Trust Company, Eastern Bankshares, Inc. ("Eastern"), Eastern Bank and Citadel MS 2023, Inc., in exchange for the right to receive (i) 24,200 shares of Eastern common stock, with a market value of $14.87 per share of Eastern common stock based on the closing price of Eastern common stock on July 12, 2024 and (ii) 4,193 Eastern restricted stock unit awards, with the same terms, restrictions and vesting schedules as such existing Cambridge restricted stock unit award.
  • [F2]Disposed of pursuant to the Merger Agreement in exchange for the right to receive 2,672 shares of Eastern common stock, with a market value of $14.87 per share of Eastern common stock based on the closing price of Eastern common stock on July 12, 2024.

Issuer

CAMBRIDGE BANCORP

CIK 0000711772

Entity typeother

Related Parties

1
  • filerCIK 0001713874

Filing Metadata

Form type
4
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 4:56 PM ET
Size
6.9 KB