SEC Form 4 · accession 0001140361-16-084835
Beacon Financial Corp · BBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Williar Dunlaevy
Director
Period of report
Nov 2, 2016
Accepted (ET)
Nov 4, 2016 · 11:33 am 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 Stock | Nov 2, 2016 | M | 15,000 | $25.59 | A | 74,003 | D | |
| Common Stock | Nov 2, 2016 | S | 6,972 | $29.30 | D | 67,031 | D | |
| Common Stock | Nov 2, 2016 | S | 7,328 | $29.35 | D | 59,703 | D | |
| Common Stock | Nov 2, 2016 | S | 600 | $29.375 | D | 59,103 | D | |
| Common Stock | Nov 2, 2016 | S | 100 | $29.40 | D | 59,003 | D | |
| Common StockF1 | holding | — | — | — | 400 | I | By Stock Award III | |
| Common StockF2 | holding | — | — | — | 937 | I | By Stock Award IV | |
| Common StockF3 | holding | — | — | — | 1,260 | I | By Stock Award V | |
| Common Stock | holding | — | — | — | 5,226 | I | By IRA | |
| Common Stock | holding | — | — | — | 8,457 | I | By Wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $25.59 | Nov 2, 2016 | M | 15,000 | D | Jan 1, 2008 | Nov 29, 2016 | Common Stock | 15,000 | 79,643 | D |
| Stock Options | $22.61 | holding | — | — | — | Jan 1, 2009 | Mar 4, 2018 | Common Stock | 7,455 | 7,455 | D |
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 January 30, 2015.
- F2Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 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, 2017.