Paul A. Perrault - Aug 2, 2023 Form 4 Insider Report for BROOKLINE BANCORP INC (BRKL)

Role
Chairman & CEO, Director
Signature
Paul A. Perrault, by Marissa S. Martin, P.O.A.
Stock symbol
BRKL
Transactions as of
Aug 2, 2023
Transactions value $
$0
Form type
4
Date filed
8/4/2023, 04:38 PM
Previous filing
Aug 4, 2023
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRKL Common Award $0 +31.2K +6.81% $0.00 489K Aug 2, 2023 Direct F1
transaction BRKL Common Award $0 +31.2K +6.38% $0.00 520K Aug 2, 2023 Direct F2
transaction BRKL Common Tax liability $0 -2.06K -0.4% $0.00 518K Aug 2, 2023 Direct
transaction BRKL Common Tax liability $0 -2.23K -0.43% $0.00 516K Aug 2, 2023 Direct
transaction BRKL Common Tax liability $0 -3.85K -0.75% $0.00 512K Aug 3, 2023 Direct
transaction BRKL Common Tax liability $0 -619 -0.12% $0.00 511K Aug 3, 2023 Direct F3
transaction BRKL Common Tax liability $0 -11.3K -2.22% $0.00 500K Aug 3, 2023 Direct F4
holding BRKL Common 4.16K Aug 2, 2023 By ESOP F5
holding BRKL Common 75K Aug 2, 2023 By Paul A. Perrault GRAT #3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock shares granted pursuant to the Brookline Bancorp, Inc. 2021 Stock Option and Incentive Plan. The shares vest in three equal installments on an annual basis, commencing one year from the date of grant.
F2 Performance based restricted stock shares granted pursuant to the Brookline Bancorp, Inc. 2021 Stock Option and Incentive Plan. The shares vest on the third anniversary of the date of grant based on certain performance based metrics.
F3 As previously reported, on August 4, 2020, the reporting person received a grant of performance based restricted stock. A portion of the performance metrics were met, therefore a portion of these restricted shares vested on the third anniversary of the date of grant and the remaining shares were automatically forfeited.
F4 Includes shares of restricted stock granted pursuant to the Brookline Bancorp, Inc. 2021 Stock Option and Incentive Plan.
F5 Reflects ESOP allocations and distributions that have occurred since the reporting person's last ownership report.