SEC Form 4 · accession 0001140361-16-081553
Beacon Financial Corp · BBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tami A. Gunsch
Officer — Executive Vice President
Period of report
Oct 1, 2016
Accepted (ET)
Oct 4, 2016 · 1:25 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 StockF6 | Oct 1, 2016 | F | 2,194 | $27.71 | D | 9,136 | D | |
| Common StockF1 | holding | — | — | — | 1,943 | I | By Stock Award II | |
| Common StockF6,F2 | holding | — | — | — | 0 | I | By Stock Award III | |
| Common StockF3 | holding | — | — | — | 1,270 | I | By Stock Award IV | |
| Common StockF4 | holding | — | — | — | 1,492 | I | By Stock Award V | |
| Common StockF5 | holding | — | — | — | 1,530 | I | By Stock Award VI | |
| Common StockF7 | holding | — | — | — | 450 | 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 50% in four equal annual installments commencing on January 30, 2014 with the remaining 50% vesting on January 30, 2017.
- 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 50% in three equal annual installments commencing on July 1, 2015 with the remaining 50% vesting on July 1, 2017.
- F4Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2016 with the remaining 50% vesting on April 1, 2018.
- 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, 5,934 shares previously held through Stock Award III 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.