Richard Corey Bane - 15 May 2023 Form 4 Insider Report for Eastern Bankshares, Inc. (EBC)

Role
Director
Signature
/s/Sara Rundell, by Power of Attorney
Issuer symbol
EBC
Transactions as of
15 May 2023
Net transactions value
$0
Form type
4
Filing time
17 May 2023, 16:05:43 UTC
Previous filing
19 May 2022
Next filing
15 May 2024
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 +4,782 +2.6% $0.000000 189,747 15 May 2023 Direct F1, F2
* 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 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 Consists of (i) 135,288 shares of common stock; (ii) 49,677 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 shares of restricted stock reported on this Form 4.

Remarks:

Exhibit 24.1 Power of Attorney