August M. Vlak - 04 Feb 2021 Form 4 Insider Report for EASTERN CO (EML)

Role
President & CEO, Director
Signature
/s/August M. Vlak
Issuer symbol
EML
Transactions as of
04 Feb 2021
Net transactions value
-$85,207
Form type
4
Filing time
20 May 2021, 09:13:27 UTC
Previous filing
15 Feb 2022
Next filing
30 Jan 2023
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 $931 +38 +0.2% $24.51 19,202 04 Feb 2021 Direct F1
transaction EML Class A Common Stock Small acquisition under Rule 16a-6 $912 +34 +0.18% $26.82 19,236 05 Mar 2021 Direct F1
transaction EML Class A Common Stock Purchase $212 +8 +0.04% $26.51 19,244 15 Mar 2021 Direct F2
transaction EML Class A Common Stock Small acquisition under Rule 16a-6 $1,155 +42 +0.22% $27.51 19,286 06 Apr 2021 Direct F1
transaction EML Class A Common Stock Small acquisition under Rule 16a-6 $908 +31 +0.16% $29.29 19,317 05 May 2021 Direct F1
transaction EML Class A Common Stock Options Exercise $318,340 +16,667 +86% $19.10 35,984 10 May 2021 Direct F3
transaction EML Class A Common Stock Disposed to Issuer $407,665 -13,062 -36% $31.21 22,922 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 -16,667 -100% $0.000000* 0 10 May 2021 Common Stock 16,667 $19.10 Direct
transaction EML Stock Appreciation Rights Award $0 +20,000 $0.000000 20,000 27 Apr 2021 Common Stock 20,000 $24.90 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired under The Eastern Company Investors Choice Dividend Reinvestment and Direct Stock Purchase Sale Plan.
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 3,605 shares of common stock upon the net exercise of 16,667 stock appreciation rights (SARs). A total of 13,062 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.