Luis Borgen - 30 Nov 2021 Form 4 Insider Report for Eastern Bankshares, Inc. (EBC)

Role
Director
Signature
/s/ Astrid E.P. Tsang, by Power of Attorney
Issuer symbol
EBC
Transactions as of
30 Nov 2021
Net transactions value
$0
Form type
4
Filing time
02 Dec 2021, 15:05:37 UTC
Previous filing
04 Nov 2021
Next filing
15 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBC Common Stock Award $0 +62,096 +116% $0.000000 115,826 30 Nov 2021 Direct F1
holding EBC Common Stock 46,270 30 Nov 2021 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent restricted stock that was granted under and pursuant to Section 3.3(b) of the Issuer's Eastern Bankshares, Inc. 2021 Equity Incentive Plan. This restricted stock is scheduled to vest pro-rata on an annual basis over a five-year period.

Remarks:

The signatory is signing on behalf of Luis Borgen pursuant to a Power of Attorney dated September 8, 2020, which was previously filed with the Commission.