SEC Form 4 · accession 0001140361-16-081552
Beacon Financial Corp · BBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George F. Bacigalupo
Officer — Executive Vice President
Period of report
Oct 1, 2016
Accepted (ET)
Oct 4, 2016 · 1:24 pm EDT
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 StockF7 | Oct 1, 2016 | F | 2,691 | $27.71 | D | 10,216 | D | |
| Common StockF7,F1 | holding | — | — | — | 0 | I | By Stock Award I | |
| Common StockF2 | holding | — | — | — | 1,814 | I | By Stock Award III | |
| Common StockF7,F3 | holding | — | — | — | 0 | I | By Stock Award IV | |
| Common StockF4 | holding | — | — | — | 3,012 | I | By Stock Award V | |
| Common StockF7,F5 | holding | — | — | — | 16,340 | I | By Stock Award VI | |
| Common StockF6 | holding | — | — | — | 3,150 | I | By Stock Award VII | |
| Common StockF8 | holding | — | — | — | 377 | 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 five equal annual installments commencing on October 1, 2012.
- F2Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2011 Equity Compensation Plan vest in four annual installments commencing on January 30, 2014.
- F3Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2011 Equity Compensation Plan vest on October 1, 2016.
- F4Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three annual installments commencing on January 30, 2016.
- F5Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest 40% in four equal annual installments commencing on October 1, 2016 with the remaining 60% vesting on October 1, 2020.
- F6Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three annual installments commencing on January 30, 2017.
- F7Since the reporting person's last report, 540 shares previously held through Stock Award I, 5,934 shares previously held through Stock Award IV and 1,816 shares previously held through Stock Award VI have vested and are now owned directly.
- F8Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.