Brett Brbovic - 01 Apr 2023 Form 4 Insider Report for BERKSHIRE HILLS BANCORP INC (BHLB)

Role: Sr Managing Dir and CAO
Signature: /s/ Marc P. Levy, pursuant to power of attorney
Issuer symbol: BHLB
Transactions as of: 01 Apr 2023
Net transactions value: -$3,709
Form type: 4
Filing time: 04 Apr 2023, 20:06:42 UTC
Previous filing: 01 Feb 2023
Next filing: 02 Jul 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BHLB	Common Stock	Tax liability	$3,709	-148	-2.6%	$25.06	5,498	01 Apr 2023	Direct	F8
transaction	BHLB	Common Stock	Award	$0	+2,445		$0.000000	2,445	01 Apr 2023	By Stock Award VI	F6
holding	BHLB	Common Stock						1,647	01 Apr 2023	By Stock Award V	F5
holding	BHLB	Common Stock						926	01 Apr 2023	By Stock Award IV	F4, F8
holding	BHLB	Common Stock						1,439	01 Apr 2023	By Stock Award III	F3
holding	BHLB	Common Stock						953	01 Apr 2023	By Stock Award II	F2, F8
holding	BHLB	Common Stock						1,047	01 Apr 2023	By Stock Award I	F1
holding	BHLB	Common Stock						550	01 Apr 2023	By 401(k)	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 50% in three equal annual installments commencing on July 1, 2021 with the remaining 50% vesting on July 1, 2023.
F2	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2022 with the remaining 50% vesting on April 1, 2024.
F3	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 100% on July 1, 2024.
F4	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2023 with the remaining 50% vesting on April 1, 2025.
F5	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan Stock Awards vest 50% in three equal annual installments commencing on January 30, 2024 with the remaining 50% vesting on January 30, 2026.
F6	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2024 with the remaining 50% vesting on April 1, 2026.
F7	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F8	Since the reporting person's last report, 185 shares previously held through Stock Award II and 238 shares previously held through Stock Award IV have vested and are now owned directly.