BERKSHIRE HILLS BANCORP INC 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Feb 21, 2017
Insider Transaction Report
Form 4
DALY MICHAEL P
DirectorPresident and CEO
Transactions
- Award
Common Stock
2017-02-16+9,054→ 120,349 total - Tax Payment
Common Stock
2017-02-16$35.45/sh−3,736$132,441→ 116,613 total
Holdings
- 4,551(indirect: By Stock Award XIV)
Common Stock
- 7,799(indirect: By Stock Award XV)
Common Stock
- 8,270(indirect: By Stock Award XVI)
Common Stock
- 33,801(indirect: By 401(k))
Common Stock
- 1,025(indirect: Joint with Mother)
Common Stock
Footnotes (5)
- [F1]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2011 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2016.
- [F2]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2017.
- [F3]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2018.
- [F4]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- [F5]On January 30, 2014 the reporting person was granted 9,450 shares of restricted stock subject to a three-year cliff vesting schedule and subject to the satisfaction of certain performance criteria. The shares vested at 95.8% of target, resulting in the vesting of 9,054 shares of restricted stock, and were transferred to the executive on February 16, 2017.