Form 4 for EBC Eastern Bankshares, Inc.
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0000950170-24-026016 · 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 | Rivers Robert Francis | COB, CEO, Dir | F - Tax | $12.81 | -9,380 | 237.7K | -4% | -$120.2K |
| D | 2024-03-05 | 2024-03-01 | EBC | Rivers Robert Francis | COB, CEO, Dir | M - OptEx | $0.00 | +32.0K | 247.0K | +15% | $0 |
| D | 2024-03-05 | 2024-03-01 | EBC | Rivers Robert Francis | COB, CEO, Dir | A - Grant | $0.00 | +46.6K | 46.6K | New | $0 |
| DM | 2024-03-05 | 2024-03-01 | EBC | Rivers Robert Francis | COB, CEO, Dir | M - OptEx | $0.00 | -32.0K | 64.1K | -33% | $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 | F | D | 9,380 | $12.81 | 237,657 | D | — | — | (F2) Includes 200,000 shares held in joint tenancy with spouse. |
| 2 | Common | Common Stock | 2024-03-01 | M | A | 31,956 | $0.00 | 247,037 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 3 | Derivative | Restricted Stock Units | 2024-03-01 | A | A | 46,604 | $0.00 | 46,604 | D | — · — to — | 46,604 Common Stock | (F4) 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, 2024, the reporting person was granted 46,604 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 | 10,609 | $0.00 | 21,220 | D | — · — to — | 10,609 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F6) On March 1, 2023, the reporting person was granted 31,829 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. |
| 5 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 21,347 | $0.00 | 64,062 | D | — · — to — | 21,347 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F5) On March 1, 2022, the reporting person was granted 106,736 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. |