Gray Sean 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Feb 21, 2020
Insider Transaction Report
Form 4
Gray Sean
SVP - Retail Banking
Transactions
- Award
Common Stock
2020-02-20+2,365→ 55,234 total - Tax Payment
Common Stock
2020-02-20$27.48/sh−695$19,099→ 54,539 total
Holdings
- 2,137(indirect: By 401(k))
Common Stock
- 1,328(indirect: By Stock Award XIII)
Common Stock
- 6,876(indirect: By Stock Award XV)
Common Stock
- 4,777(indirect: By Stock Award XIV)
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, 2019.
- [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, 2020.
- [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, 2021.
- [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 3,517 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 2,365 shares of restricted stock, and were transferred to the executive on February 20, 2020.