John L. Sullivan III - 04 Feb 2021 Form 4 Insider Report for EASTERN CO (EML)

Role: Vice President & CFO
Signature: /s/John L. Sullivan III
Issuer symbol: EML
Transactions as of: 04 Feb 2021
Net transactions value: +$3,583
Form type: 4
Filing time: 20 May 2021, 09:00:15 UTC
Next filing: 15 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EML	Class A Common Stock	Small acquisition under Rule 16a-6	$196	+8	+0.03%	$24.51	31,097	04 Feb 2021	Direct	F1
transaction	EML	Class A Common Stock	Small acquisition under Rule 16a-6	$188	+7	+0.02%	$26.82	31,104	05 Mar 2021	Direct	F1
transaction	EML	Class A Common Stock	Purchase	$2,757	+104	+0.33%	$26.51	31,208	15 Mar 2021	Direct	F2
transaction	EML	Class A Common Stock	Small acquisition under Rule 16a-6	$248	+9	+0.03%	$27.51	31,217	06 Apr 2021	Direct	F1
transaction	EML	Class A Common Stock	Small acquisition under Rule 16a-6	$205	+7	+0.02%	$29.29	31,224	05 May 2021	Direct	F1
transaction	EML	Class A Common Stock	Options Exercise	$159,160	+8,333	+27%	$19.10	39,557	10 May 2021	Direct	F3
transaction	EML	Class A Common Stock	Disposed to Issuer	$159,171	-5,100	-13%	$31.21	34,457	10 May 2021	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EML	Stock Appreciation Rights	Options Exercise	$0	-8,333	-100%	$0.000000^*	0	10 May 2021	Common Stock	8,333	$19.10	Direct
transaction	EML	Stock Appreciation Rights	Award	$0	+10,000		$0.000000	10,000	27 Apr 2021	Common Stock	10,000	$24.90	Direct

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

Explanation of Responses:

Id	Content
F1	Represents shares acquired by the reporting person under The Eastern Company Investors Choice Dividend Reinvestment and Direct Stock Purchase Sale Plan that are eligible for deferred reporting pursuant to Rule 16a-6 under the Securities Exchange Act of 1934, as amended.
F2	Represents shares acquired by the reporting person through the reinvestment of dividends under The Eastern Company Investors Choice Dividend Reinvestment and Direct Stock Purchase Sale Plan.
F3	The reporting person received 3,233 shares of common stock upon the net exercise of 8,333 stock appreciation rights (SARs). A total of 5,100 shares of common stock underlying such SARs were withheld in the payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise.