Diane Hessan - 17 May 2022 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
17 May 2022
Net transactions value
$0
Form type
4
Filing time
19 May 2022, 16:05:54 UTC
Previous filing
12 May 2022
Next filing
11 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBC Common Stock Award $0 +2,869 +2.8% $0.000000 104,965 17 May 2022 Direct F1, F2
holding EBC Common Stock 2,000 17 May 2022 By Spouse F3
* 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) 40,000 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.
F3 Held by Crimson Seed LLC, which is controlled by spouse of the Reporting Person.

Remarks:

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