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

Role
Director
Signature
/s/ Kathleen C. Henry, by Power of Attorney
Stock symbol
EBC
Transactions as of
Nov 30, 2022
Transactions value $
-$238,569
Form type
4
Date filed
12/2/2022, 03:05 PM
Previous filing
Aug 5, 2022
Next filing
Apr 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBC Common Stock Sale -$239K -12.4K -13.8% $19.21 77.5K Nov 30, 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.