Marotta Richard M 4
4 · BERKSHIRE HILLS BANCORP INC · Filed Feb 21, 2020
Insider Transaction Report
Form 4
Marotta Richard M
EVP and Chief Risk Officer
Transactions
- Award
Common Stock
2020-02-20+3,074→ 53,140 total - Tax Payment
Common Stock
2020-02-20$27.48/sh−903$24,814→ 52,237 total
Holdings
- 1,660(indirect: By Stock Award XI)
Common Stock
- 7,682(indirect: By Stock Award XII)
Common Stock
- 9,746(indirect: By Stock Award XIII)
Common Stock
- 650(indirect: By 401(k))
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 4,572 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 3,074 shares of restricted stock, and were transferred to the executive on February 20, 2020.