Greg Allen Shell Sr. - 11 Nov 2022 Form 4 Insider Report for Eastern Bankshares, Inc. (EBC)

Role
Director
Signature
/s/ Katherine Henry, by power of attorney
Issuer symbol
EBC
Transactions as of
11 Nov 2022
Net transactions value
-$47,050
Form type
4
Filing time
14 Nov 2022, 15:06:38 UTC
Previous filing
04 Oct 2022
Next filing
06 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBC Common Stock Sale $47,050 -2,500 -1.4% $18.82 170,965 11 Nov 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the average sale price. The actual sales prices range from $18.8150 to $18.82 per share. The reporting person will supply the SEC, the Issuer, or a security holder of the Issuer, with full information regarding the number of shares at each price upon request.
F2 Consists of (i) 106,000 shares held directly; (ii) 62,096 shares of restricted stock that vest in equal annual installments over a period of five years from November 30, 2021, the date of grant and (iii) 2,869 shares of restricted stock that vest fully on the one-year anniversary of the May 17, 2022 grant date.