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BHLB Berkshire Hills Bancorp Inc

22.26
0.50 (2.30%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Berkshire Hills Bancorp Inc NYSE:BHLB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 2.30% 22.26 22.32 21.66 21.82 282,086 01:00:00

Statement of Changes in Beneficial Ownership (4)

26/08/2019 7:33pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Prescott Wm Gordon
2. Issuer Name and Ticker or Trading Symbol

BERKSHIRE HILLS BANCORP INC [ BHLB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SEVP and General Counsel
(Last)          (First)          (Middle)

24 NORTH STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

8/26/2019
(Street)

PITTSFIELD, MA 01201
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock  8/26/2019    P    16  A $28.447  1088  I  By IRA 
Common Stock                 6659 (6) D   
Common Stock                 0 (6) I  By Stock Award I (1)
Common Stock                 555 (6) I  By Stock Award II (2)
Common Stock                 769 (6) I  By Stock Award III (3)
Common Stock                 1720  I  By Stock Award IV (4)
Common Stock                 931 (5) I  By 401(k) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  Stock Awards granted pursuant to the Berkshire Hills Ban corp, Inc. 2013 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 20 17 with the remaining 50% vesting on April 1, 2019.
(2)  Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2018 with the remaining 50% vesting on April 1, 2020.
(3)  Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2019 with the remaining 50% vesting on April 1 , 2021.
(4)  Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2020.
(5)  Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
(6)  Since the reporting person's last report, 746 shares previously held through Stock Award I, 139 shares previously held through Stock Award II and 154 shares previously held through Stock Award III have vested and are now owned directly.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Prescott Wm Gordon
24 NORTH STREET
PITTSFIELD, MA 01201


SEVP and General Counsel

Signatures
/s/ Wm. Gordon Prescott 8/26/2019
**Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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