SEC Form 4 · accession 0001140361-17-004001
Beacon Financial Corp · BBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P Daly
Officer — President and CEO · Director
Period of report
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 5:38 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 StockF4 | Jan 30, 2017 | A | 8,270 | $0.00 | A | 8,270 | I | By Stock Award XVI |
| Common StockF5 | Jan 30, 2017 | F | 3,765 | $35.55 | D | 111,295 | D | |
| Common StockF5,F1 | holding | — | — | — | 0 | I | By Stock Award XIII | |
| Common StockF5,F2 | holding | — | — | — | 4,551 | I | By Stock Award XIV | |
| Common StockF5,F3 | holding | — | — | — | 7,799 | I | By Stock Award XV | |
| Common StockF6 | holding | — | — | — | 33,801 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 1,025 | I | Joint with Mother |
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 commencing on January 30, 2015.
- F2Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2011 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2016.
- F3Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2017.
- F4Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments commencing on January 30, 2018.
- F5Since the reporting person's last report, 3,150 shares previously held through Stock Award XIII, 4,552 shares previously held through Stock Award XIV and 3,900 shares previously held through Stock Award XV have vested and are now owned directly.
- F6Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.