DALY MICHAEL P 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Mar 23, 2018
Insider Transaction Report
Form 4
DALY MICHAEL P
DirectorPresident and CEO
Transactions
- Award
Common Stock
2018-03-22+14,899→ 113,834 total - Tax Payment
Common Stock
2018-03-22$38.15/sh−6,623$252,667→ 107,211 total
Holdings
- 34,708(indirect: By 401(k))
Common Stock
- 3,899(indirect: By Stock Award XV)
Common Stock
- 5,513(indirect: By Stock Award XVI)
Common Stock
- 9,628(indirect: By Stock Award XVII)
Common Stock
- 1,025(indirect: Joint with Mother)
Common Stock
Footnotes (5)
- [F1]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2017.
- [F2]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2018.
- [F3]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2019.
- [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, 2015 the reporting person was granted 13,655 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 109.11% of target, resulting in the vesting of 14,899 shares of restricted stock, and were transferred to the executive on March 22, 2018.