Diane Hessan - May 15, 2023 Form 4 Insider Report for Eastern Bankshares, Inc. (EBC)

Role
Director
Signature
/s/ Sara Rundell. By Power of Attorney
Stock symbol
EBC
Transactions as of
May 15, 2023
Transactions value $
$0
Form type
4
Date filed
5/17/2023, 04:05 PM
Previous filing
May 11, 2023
Next filing
May 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBC Common Stock Award $0 +4.78K +4.56% $0.00 110K May 15, 2023 Direct F1, F2
holding EBC Common Stock 2K May 15, 2023 By Spouse F3
* 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) 55,288 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 shares of restricted stock reported on this Form 4.
F3 Held by Crimson Seed LLC, which is controlled by spouse of the Reporting Person.

Remarks:

Exhibit 24.1 Power of Attorney