SEC Form 4 · accession 0001140361-17-027092
Beacon Financial Corp · BBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allan J Costello
Officer — EVP- Home Lending
Period of report
Jul 1, 2017
Accepted (ET)
Jul 5, 2017 · 1:08 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 StockF5 | Jul 1, 2017 | F | 733 | $35.15 | D | 9,349 | D | |
| Common StockF6 | holding | — | — | — | 467 | I | By 401(k) | |
| Common StockF5,F1 | holding | — | — | — | 0 | I | By Stock Award I | |
| Common StockF2 | holding | — | — | — | 1,145 | I | By Stock Award II | |
| Common StockF3 | holding | — | — | — | 1,397 | I | By Stock Award III | |
| Common StockF4 | holding | — | — | — | 774 | I | By Stock Award IV |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Stock 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.
- F2Stock 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.
- F3Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2017 with the remaining 50% vesting on April 1, 2019.
- F4Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2018.
- F5Since the reporting person's last report, 2,257 shares previously held through Stock Award I 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.