Donald Michael Westermann - Mar 1, 2022 Form 4 Insider Report for Eastern Bankshares, Inc. (EBC)

Role: Chief Information Officer
Signature: /s/ Astrid E. P. Tsang, by Power of Attorney
Stock symbol: EBC
Transactions as of: Mar 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/3/2022, 05:01 PM
Next filing: Mar 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	EBC	Common Stock						20.3K	Mar 1, 2022	By 401(k)	F1
holding	EBC	Common Stock						969	Mar 1, 2022	By ESOP	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EBC	Restricted Stock Units	Award	$0	+47.4K		$0.00	47.4K	Mar 1, 2022	Common Stock	47.4K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the amount of shares beneficially owned, including shares received due to automatic dividend reinvestment, as of the date of this report.
F2	Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date.
F3	The restricted stock units vest in five equal annual installments beginning March 1, 2023. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.