Subhadeep Basu - 01 Apr 2022 Form 4 Insider Report for BERKSHIRE HILLS BANCORP INC (BHLB)

Role
SEVP and CFO
Signature
/s/ Marc P. Levy, pursuant to power of attorney
Issuer symbol
BHLB
Transactions as of
01 Apr 2022
Net transactions value
-$6,312
Form type
4
Filing time
04 Apr 2022, 16:27:04 UTC
Previous filing
01 Feb 2022
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 $6,312 -219 -2.5% $28.82 8,525 01 Apr 2022 Direct F3
holding BHLB Common Stock 3,721 01 Apr 2022 By Stock Award I F1, F3
holding BHLB Common Stock 4,979 01 Apr 2022 By Stock Award II F2
* 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 in three equal annual installments beginning on January 30, 2023.
F3 Since the reporting person's last report, 744 shares previously held through Stock Award I have vested and are now owned directly.