Lindenmuth Gregory D 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Feb 7, 2024
Insider Transaction Report
Form 4
Lindenmuth Gregory D
EVP and Chief Risk Officer
Transactions
- Award
Common Stock
2024-02-06+5,408→ 15,760 total - Tax Payment
Common Stock
2024-02-06$22.32/sh−1,892$42,229→ 13,868 total
Holdings
- 2,554(indirect: By Stock Award VIII)
Common Stock
- 764(indirect: By Stock Award VI)
Common Stock
- 10,304(indirect: By 401(k))
Common Stock
- 1,406(indirect: By Stock Award VII)
Common Stock
Footnotes (5)
- [F1]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2023.
- [F2]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2024.
- [F3]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2025.
- [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, 2021 the reporting person was granted 4,342 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 124.54% of target, resulting in the vesting of 5,408 shares of restricted stock, and were transferred to the executive on February 6, 2024.