SEC Form 4 · accession 0001140361-17-003999
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
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 5:37 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, 2017 | A | 1,688 | $0.00 | A | 1,688 | I | By Stock Award VIII |
| Common StockF6 | Jan 30, 2017 | F | 1,405 | $35.55 | D | 13,181 | D | |
| Common StockF6,F1 | holding | — | — | — | 0 | I | By Stock Award III | |
| Common StockF6,F2 | holding | — | — | — | 1,506 | I | By Stock Award V | |
| Common StockF3 | holding | — | — | — | 16,340 | I | By Stock Award VI | |
| Common StockF6,F4 | holding | — | — | — | 2,100 | I | By Stock Award VII | |
| Common StockF7 | holding | — | — | — | 379 | 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 four annual installments commencing on January 30, 2014.
- F2Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three annual installments commencing on January 30, 2016.
- F3Stock 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.
- F4Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three annual installments commencing on January 30, 2017.
- F5Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three annual installments commencing on January 30, 2018.
- F6Since the reporting person's last report, 1,814 shares previously held through Stock Award III, 1,506 shares previously held through Stock Award V and 1,050 shares previously held through Stock Award VII 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.