Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | EML | Common Stock, no par value | 646K | Nov 24, 2021 | See footnotes | F1, F2, F3 |
Id | Content |
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F1 | This Form 3 is being filed by Barington Capital Group, L.P. (the "Advisor") on behalf of itself and Barington Companies Equity Partners, L.P., Barington Companies Investors, LLC, LNA Capital Corp. and James A. Mitarotonda, (together with the "Advisor", the "Reporting Persons"). As the general partner of Barington Companies Equity Partners, L.P., Barington Companies Investors, LLC may be deemed to beneficially own the 627,768 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P. As the majority member of Barington Companies Investors, LLC, Barington Capital Group, L.P. may be deemed to beneficially own the 627,768 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P. |
F2 | (Footnote 1 continued). As the general partner of Barington Capital Group, L.P., LNA Capital Corp. may be deemed to beneficially own the 627,768 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P. As the sole stockholder and director of LNA Capital Corp., James A. Mitarotonda may be deemed to beneficially own the 627,768 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P. Mr. Mitarotonda is also individually the beneficial owner of 17,934 shares of Common Stock granted to him under The Eastern Company's Directors Fee Program. |
F3 | This amount reflects the amount of securities held by the Reporting Persons immediately following the transaction requiring the filing of this statement. In accordance with Instruction 5(b)(iv) of Form 3, the entire amount of the Issuer's securities held by Reporting Persons is reported herein. Each of the Reporting Parties, disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of his/its indirect pecuniary interest therein, and this report shall not be deemed an admission that any of the Reporting Parties are the beneficial owner of such securities for purposes of Section 16 or for any other purposes. |