Sean Gray - 06 Feb 2024 Form 4 Insider Report for BERKSHIRE HILLS BANCORP INC (BHLB)

Role
SEVP
Signature
/s/ Marc P. Levy, pursuant to power of attorney
Issuer symbol
BHLB
Transactions as of
06 Feb 2024
Net transactions value
-$191,260
Form type
4
Filing time
07 Feb 2024, 18:07:55 UTC
Previous filing
01 Feb 2024
Next filing
03 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHLB Common Stock Award $0 +25,910 +32% $0.000000 106,857 06 Feb 2024 Direct F4
transaction BHLB Common Stock Tax liability $191,260 -8,569 -8% $22.32 98,288 06 Feb 2024 Direct
holding BHLB Common Stock 7,927 06 Feb 2024 By Stock Award XIX F3
holding BHLB Common Stock 4,392 06 Feb 2024 By Stock Award XVIII F2
holding BHLB Common Stock 2,665 06 Feb 2024 By Stock Award XVII F1
holding BHLB Common Stock 2,639 06 Feb 2024 By 401(k)
* 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 in three equal annual installments beginning on January 30, 2023.
F2 Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2024.
F3 Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2025.
F4 On January 30, 2021 the reporting person was granted 20,804 shares of restricted stock subject to a three-year cliff vesting schedule and subject to the satisfaction of certain performance criteria. The shares vested at 124.54% of target, resulting in the vesting of 25,910 shares of restricted stock, and were transferred to the executive on February 6, 2024.