Massad Pamela 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Feb 12, 2020
Insider Transaction Report
Form 4
Massad Pamela
Director
Transactions
- Will/Inheritance
Common Stock
2020-01-31+1,000,000→ 1,078,369 total - Will/Inheritance
Common Stock
2020-01-31−1,000,000→ 3,278,744 total(indirect: By Estate) - Will/Inheritance
Common Stock
2020-02-10−2,000,000→ 1,278,744 total(indirect: By Estate)
Holdings
- 310(indirect: By Stock Award I)
Common Stock
- 1,719(indirect: By Stock Award III)
Common Stock
- 1,075(indirect: By Stock Award II)
Common Stock
- 260,907(indirect: By Estate)
Series B Non-Voting Preferred Stock
Footnotes (5)
- [F1]Shares were distributed to the other beneficiaries of the Estate of David G. Massad, Sr.
- [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]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2021.
- [F5]The Series B Non-Voting Preferred Stock may only be converted into Common Stock or disposed of by the Reporting Person under certain limited circumstances set forth in the Amended and Restated Shareholder Agreement attached to the Reporting Person's Schedule 13-D/A filed on January 22, 2020, and does not carry any voting rights.