Form 4 for EBC Eastern Bankshares, Inc.
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0000950170-24-025962 · 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 | 2024-03-05 | 2024-03-01 | EBC | Miller Quincy Lee | Pres | M - OptEx | $0.00 | +18.0K | 18.0K | New | $0 |
| D | 2024-03-05 | 2024-03-01 | EBC | Miller Quincy Lee | Pres | F - Tax | $12.81 | -5,329 | 12.7K | -30% | -$68.3K |
| D | 2024-03-05 | 2024-03-01 | EBC | Miller Quincy Lee | Pres | A - Grant | $0.00 | +21.2K | 21.2K | New | $0 |
| DM | 2024-03-05 | 2024-03-01 | EBC | Miller Quincy Lee | Pres | M - OptEx | $0.00 | -18.0K | 7,550 | -70% | $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 | 2024-03-01 | M | A | 18,005 | $0.00 | 18,005 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2024-03-01 | F | D | 5,329 | $12.81 | 12,676 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2024-03-01 | A | A | 21,186 | $0.00 | 21,186 | D | — · — to — | 21,186 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date. (F6) On March 1, 2024, the reporting person was granted 21,186 restricted stock units that vest in three equal annual installments beginning March 1, 2025, 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 | 2024-03-01 | M | D | 14,231 | $0.00 | 42,695 | D | — · — to — | 14,231 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F4) On March 1, 2022, the reporting person was granted 71,157 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. |
| 5 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 3,774 | $0.00 | 7,550 | D | — · — to — | 3,774 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F5) On March 1, 2023, the reporting person was granted 11,324 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 a soon as practicable after the vesting date. |