Bacigalupo George F. 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Feb 21, 2020
Insider Transaction Report
Form 4
Bacigalupo George F.
Executive Vice President
Transactions
- Tax Payment
Common Stock
2020-02-20$27.48/sh−334$9,178→ 29,371 total - Award
Common Stock
2020-02-20+1,135→ 29,705 total
Holdings
- 354(indirect: By Stock Award IX)
Common Stock
- 2,150(indirect: By Stock Award X)
Common Stock
- 10,893(indirect: By Stock Award VI)
Common Stock
- 538(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest 40% in four equal annual installments beginning on October 1, 2016 with the remaining 60% vesting on October 1, 2020.
- [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. 2018 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, 2017 the reporting person was granted 1,688 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 67.24% of target, resulting in the vesting of 1,135 shares of restricted stock, and were transferred to the executive on February 20, 2020.