Luis Borgen - 30 Nov 2022 Form 4 Insider Report for Eastern Bankshares, Inc. (EBC)

Role
Director
Signature
/s/ Kathleen C. Henry, by Power of Attorney
Issuer symbol
EBC
Transactions as of
30 Nov 2022
Net transactions value
-$238,569
Form type
4
Filing time
02 Dec 2022, 15:05:33 UTC
Previous filing
05 Aug 2022
Next filing
14 Apr 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 Sale $238,569 -12,419 -14% $19.21 77,546 30 Nov 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 10, 2022.
F2 Represents the average sale price. The actual sales prices range from $18.86 to $19.61 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.
F3 Consists of (i) 25,000 shares of common stock; (ii) 49,677 shares of restricted stock comprising the unvested portion of a grant that vests ratably over a five-year period on the anniversary of the November 30, 2021 date of grant; and (iii) 2,869 shares of restricted stock scheduled to vest in full on May 14, 2023.