Filing Details

Accession Number:
0000921895-24-000407
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-13 18:41:28
Reporting Period:
2024-02-09
Accepted Time:
2024-02-13 18:41:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1108134 Berkshire Hills Bancorp Inc BHLB Savings Institutions, Not Federally Chartered (6036) 043510455
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1861474 Michael Zaitzeff C/O Holdco Asset Management, Lp
515 E. Las Olas Blvd., Suite 1010
Fort Laurderdale FL 33301
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-02-09 20,718 $22.74 156,209 No 4 S Indirect VM GP VII
Common Stock Disposition 2024-02-12 29,062 $23.09 127,147 No 4 S Indirect VM GP VII
Common Stock Disposition 2024-02-13 18,700 $21.93 108,447 No 4 S Indirect VM GP VII
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect VM GP VII
No 4 S Indirect VM GP VII
No 4 S Indirect VM GP VII
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,595 Indirect By Stock Award IV
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.7217 to $22.7400. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. Securities of the Issuer beneficially owned directly by VM GP VII LLC ("VM GP VII"). The Reporting Person, as a managing member of VM GP VII, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by VM GP VII.
  3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.0600 to $23.1561. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.8800 to $22.1565. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  5. Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 100% on January 30, 2025.
  6. The Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.