Marotta Richard M 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Mar 23, 2018
Insider Transaction Report
Form 4
Marotta Richard M
EVP and Chief Risk Officer
Transactions
- Award
Common Stock
2018-03-22+6,573→ 37,941 total - Tax Payment
Common Stock
2018-03-22$38.15/sh−1,936$73,858→ 36,005 total
Holdings
- 4,980(indirect: By Stock Award XI)
Common Stock
- 1,950(indirect: By Stock Award IX)
Common Stock
- 3,047(indirect: By Stock Award X)
Common Stock
- 621(indirect: By 401(k))
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 6,025 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 6,573 shares of restricted stock, and were transferred to the executive on March 22, 2018.