Marotta Richard M 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Feb 22, 2019
Insider Transaction Report
Form 4
Marotta Richard M
EVP and Chief Risk Officer
Transactions
- Tax Payment
Common Stock
2019-02-21$30.75/sh−1,563$48,062→ 45,242 total - Award
Common Stock
2019-02-21+5,316→ 46,805 total
Holdings
- 3,320(indirect: By Stock Award XI)
Common Stock
- 11,523(indirect: By Stock Award XII)
Common Stock
- 631(indirect: By 401(k))
Common Stock
- 1,523(indirect: By Stock Award X)
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, 2018.
- [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, 2019.
- [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, 2020.
- [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, 2016 the reporting person was granted 5,850 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 90.86% of target, resulting in the vesting of 5,316 shares of restricted stock, and were transferred to the executive on February 21, 2019.