Form 4 for EBC Eastern Bankshares, Inc.
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0000899243-23-006952 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-03 | 2023-03-01 | EBC | Osborne Matthew Adam | See Remarks | M - OptEx | $0.00 | +9,487 | 14.5K | +190% | $0 |
| D | 2023-03-03 | 2023-03-01 | EBC | Osborne Matthew Adam | See Remarks | F - Tax | $15.63 | -2,977 | 11.5K | -21% | -$46.5K |
| D | 2023-03-03 | 2023-03-01 | EBC | Osborne Matthew Adam | See Remarks | M - OptEx | $0.00 | -9,487 | 38.0K | -20% | $0 |
| D | 2023-03-03 | 2023-03-01 | EBC | Osborne Matthew Adam | See Remarks | A - Grant | $0.00 | +4,926 | 4,926 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-01 | M | A | 9,487 | $0.00 | 14,487 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-03-01 | F | D | 2,977 | $15.63 | 11,510 | D | — | — | (F2) Includes 5,000 shares held in joint tenancy with spouse. |
| 3 | Derivative | Restricted Stock Units | 2023-03-01 | M | D | 9,487 | $0.00 | 37,951 | D | — · — to — | 9,487 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F6) On March 1, 2022, the reporting person was granted 47,438 restricted stock units that vest in five equal annual installments beginning March 1, 2023, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date. |
| 4 | Derivative | Restricted Stock Units | 2023-03-01 | A | A | 4,926 | $0.00 | 4,926 | D | — · — to — | 4,926 Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date. (F7) On March 1, 2023, the reporting person was granted 4,926 restricted stock units that vest in three equal annual installments beginning March 1, 2024, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date. |