Massad Pamela 4

4 · BERKSHIRE HILLS BANCORP INC · Filed Mar 25, 2020

Form 4

Period: 2020-03-24

Director

Transactions

Will/Inheritance
Common Stock
2020-03-24+426,248→ 1,504,617 total
Will/Inheritance
Common Stock
2020-03-24−1,278,744→ 0 total(indirect: By Estate)

Holdings

Footnotes (5)

[F1]Shares were distributed to the other beneficiaries of the Estate of David G. Massad, Sr. All beneficiaries are parties to the Amended and Restated Shareholder Agreement by and between the Estate of David G. Massad, Sr. and the Issuer, dated December 27, 2019 (as filed as an exhibit to the Form 8-K of the Issuer filed on January 3, 2020).
[F2]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2019.
[F3]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2013 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2020.
[F4]Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest in three equal annual installments beginning on January 30, 2021.
[F5]The Series B Non-Voting Preferred Stock may only be converted into Common Stock or disposed of by the Reporting Person under certain limited circumstances set forth in the Amended and Restated Shareholder Agreement attached to the Reporting Person's Schedule 13-D/A filed on January 22, 2020, and does not carry any voting rights.

Documents

1 file