James A. Mitarotonda - Sep 22, 2022 Form 4 Insider Report for EASTERN CO (EML)

Role
Director
Signature
/s/James A. Mitarotonda
Stock symbol
EML
Transactions as of
Sep 22, 2022
Transactions value $
$32,756
Form type
4
Date filed
9/23/2022, 09:01 AM
Previous filing
Jun 23, 2022
Next filing
Dec 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EML Common Shares Award $32.8K +1.72K +7.8% $19.00 23.8K Sep 22, 2022 Direct F1
holding EML Common Shares 628K Sep 22, 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 1,724 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 September 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.