James A. Mitarotonda - 21 Mar 2022 Form 4 Insider Report for EASTERN CO (EML)

Role
Director
Signature
/s/James A. Mitarotonda
Issuer symbol
EML
Transactions as of
21 Mar 2022
Transactions value $
$31,252
Form type
4
Filing time
22 Mar 2022, 15:56:35 UTC
Previous filing
20 Dec 2021
Next filing
04 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EML Common Shares Award $31.3K +1.31K +6.85% $23.82 20.5K 21 Mar 2022 Direct F1
holding EML Common Shares 628K 21 Mar 2022 By Barington Companies Equity Partners, L.P. F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,312 shares acquired under The Eastern Company Director's Fee Program pursuant to Rule 16b-3(d). The price used to determine the number of shares is the price of the shares on March 15, 2022.
F2 The Reporting Person is the sole stockholder and director of LNA Capital Corp. LNA Capital Corp is the general partner of Barington Capital Group, L.P., which is the majority member of Barington Company Investors, LLC ("Barington Investors"). Barington Investors is the general partner of Barington Companies Equity Partners, L.P.
F3 The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.