Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EBC | Common Stock | Award | $0 | +4.78K | +6.57% | $0.00 | 77.5K | May 15, 2023 | Direct | F1 |
transaction | EBC | Common Stock | Sale | -$14.8K | -1.32K | -1.7% | $11.21 | 76.2K | May 15, 2023 | Direct | F2, F3 |
holding | EBC | Common Stock | 19K | May 15, 2023 | By IRA |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | These shares represent restricted stock that was granted under the Issuer's 2021 Equity Incentive Plan pursuant to the terms of such plan. This restricted stock is scheduled to vest in full on the anniversary of the grant date of May 15, 2023. |
F2 | Sale executed pursuant to a 10b5-1 plan adopted by the reporting person on June 13, 2022. |
F3 | Consists of (i) 21,755 shares of common stock; (ii) 49,677 remaining 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) 4,782 granted shares of restricted stock reported on this Form 4. |
Exhibit 24.1 Power of Attorney