SEC Form 4 · accession 0001567619-19-005250

Beacon Financial Corp · BBT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP - Retail Banking

Period of report

Feb 21, 2019

Accepted (ET)

Feb 22, 2019 · 4:19 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 Stock^F5	Feb 21, 2019	A	4,089	$0.00	A	50,778	D
Common Stock	Feb 21, 2019	F	1,203	$30.75	D	49,575	D
Common Stock^F1	holding	—	—		—	1,172	I	By Stock Award XII
Common Stock^F2	holding	—	—		—	2,656	I	By Stock Award XIII
Common Stock^F3	holding	—	—		—	7,166	I	By Stock Award XIV
Common Stock^F4	holding	—	—		—	2,023	I	By 401(k)

No Table II lines on this filing.

F1Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2018.
F2Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2019.
F3Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2020.
F4Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F5On January 30, 2016 the reporting person was granted 4,500 shares of restricted stock subject to a three-year cliff vesting schedule and subject to the satisfaction of certain performance criteria. The shares vested at 90.86% of target, resulting in the vesting of 4,089 shares of restricted stock, and were transferred to the executive on February 21, 2019.