Luis Borgen - May 17, 2022 Form 4 Insider Report for Eastern Bankshares, Inc. (EBC)

Role
Director
Signature
/s/ Astrid E.P. Tsang, by Power of Attorney
Stock symbol
EBC
Transactions as of
May 17, 2022
Transactions value $
$0
Form type
4
Date filed
5/19/2022, 04:05 PM
Previous filing
Mar 15, 2022
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBC Common Stock Award $0 +2.87K +2.48% $0.00 119K May 17, 2022 Direct F1, F2
* 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 the Issuer's 2021 Equity Incentive Plan. This restricted stock is scheduled to vest in full on May 14, 2023.
F2 Consists of (i) 53,730 shares of common stock; (ii) 62,096 shares of restricted stock that vest ratably over a five-year period on the anniversary of the November 30, 2021 date of grant; and (iii) the shares of restricted stock reported on this Form 4.

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.