Mhatre Nitin J. 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Feb 7, 2024
Insider Transaction Report
Form 4
Mhatre Nitin J.
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2024-02-06$22.32/sh−10,429$232,775→ 87,699 total - Award
Common Stock
2024-02-06+31,042→ 98,128 total
Holdings
- 14,000(indirect: By Stock Award IV)
Common Stock
- 3,752(indirect: By Stock Award II)
Common Stock
- 7,702(indirect: By Stock Award III)
Common Stock
Footnotes (4)
- [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]On January 30, 2021 the reporting person was granted 24,925 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 31,042 shares of restricted stock, and were transferred to the executive on February 6, 2024.