Kevin Conn - 01 Apr 2024 Form 4 Insider Report for BERKSHIRE HILLS BANCORP INC (BHLB)

Signature
/s/ Marc P. Levy, pursuant to power of attorney
Issuer symbol
BHLB
Transactions as of
01 Apr 2024
Net transactions value
-$41,340
Form type
4
Filing time
03 Apr 2024, 15:41:32 UTC
Previous filing
01 Feb 2024
Next filing
03 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHLB Common Stock Tax liability $41,340 -1,858 -7.9% $22.25 21,784 01 Apr 2024 Direct F6
transaction BHLB Common Stock Award $0 +2,422 $0.000000 2,422 01 Apr 2024 By Stock Award V F5
holding BHLB Common Stock 2,422 01 Apr 2024 By Stock Award IV F4, F6
holding BHLB Common Stock 961 01 Apr 2024 By Stock Award III F3
holding BHLB Common Stock 1,620 01 Apr 2024 By Stock Award II F2, F6
holding BHLB Common Stock 0 01 Apr 2024 By Stock Award I F1, F6
* 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 April 1, 2022 with the remaining 50% vesting on April 1, 2024.
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, 2023 with the remaining 50% vesting on April 1, 2025.
F3 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.
F4 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.
F5 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, 2025 with the remaining 50% vesting on April 1, 2027.
F6 Since the reporting person's last report, 4,465 shares previously held through Stock Award I, 405 shares previously held through Stock Award II and 484 shares previously held through Stock Award IV have vested and are now owned directly.