SEC Form 4 · accession 0001140361-16-049847
Beacon Financial Corp · BBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Josephine Iannelli
Officer — EVP and CFO
Period of report
Jan 30, 2016
Accepted (ET)
Feb 2, 2016 · 5:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001108134
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF5 | Jan 30, 2016 | A | 4,230 | $0.00 | A | 4,230 | I | By Stock Award V |
| Common StockF6 | Jan 30, 2016 | F | 720 | $27.78 | D | 3,435 | D | |
| Common StockF1 | holding | — | — | — | 797 | I | By Stock Award I | |
| Common StockF2 | holding | — | — | — | 3,956 | I | By Stock Award II | |
| Common StockF6,F3 | holding | — | — | — | 711 | I | By Stock Award III | |
| Common StockF6,F4 | holding | — | — | — | 3,012 | I | By Stock Award IV | |
| Common StockF7 | holding | — | — | — | 328 | I | By 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2011 Equity Compensation Plan vest in three equal annual installments beginning on April 1, 2014.
- F2Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2011 Equity Compensation Plan vest on October 1, 2016.
- F3Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2015.
- F4Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2016.
- F5Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2017.
- F6Since the reporting person's last report, 712 shares previously held through Stock Award III and 1,506 shares previously held through Stock Award IV have vested and are now owned directly.
- F7Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.