| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EBC | Common Stock | Options Exercise | $0 | +25.1K | $0.00 | 25.1K | Mar 3, 2025 | Direct | F1 | |
| transaction | EBC | Common Stock | Tax liability | -$197K | -11.1K | -44.36% | $17.73 | 13.9K | Mar 3, 2025 | Direct | |
| transaction | EBC | Common Stock | Award | $0 | +53.4K | +382.61% | $0.00 | 67.3K | Mar 3, 2025 | Direct | F8, F9 |
| transaction | EBC | Common Stock | Tax liability | -$420K | -23.7K | -35.19% | $17.73 | 43.6K | Mar 3, 2025 | Direct | |
| holding | EBC | Common Stock | 83.2K | Mar 3, 2025 | By IRA | ||||||
| holding | EBC | Common Stock | 1.28K | Mar 3, 2025 | By Spouse in IRA | ||||||
| holding | EBC | Common Stock | 3.91K | Mar 3, 2025 | By ESOP | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EBC | Restricted Stock Units | Options Exercise | $0 | -14.2K | -33.33% | $0.00 | 28.5K | Mar 3, 2025 | Common stock | 14.2K | Direct | F1, F4 | |
| transaction | EBC | Restricted Stock Units | Options Exercise | $0 | -3.78K | -50% | $0.00 | 3.78K | Mar 3, 2025 | Common stock | 3.78K | Direct | F1, F5 | |
| transaction | EBC | Restricted Stock Units | Options Exercise | $0 | -7.06K | -33.33% | $0.00 | 14.1K | Mar 3, 2025 | Common stock | 7.06K | Direct | F1, F6 | |
| transaction | EBC | Restricted Stock Units | Award | $0 | +16.9K | $0.00 | 16.9K | Mar 3, 2025 | Common stock | 16.9K | Direct | F3, F7 |
| Id | Content |
|---|---|
| F1 | Restricted stock units convert into common stock on a one-for-one basis. |
| F2 | Reflects the amount of shares beneficially owned, including shares received due to automatic dividend reinvestment, as of the date of this report. |
| F3 | Each restricted stock unit represents a contingent right to receive one share of EBC common stock on the applicable vesting date. |
| F4 | On March 1, 2022, the reporting person was granted 71,157 restricted stock units that vest in five equal annual installments beginning March 1, 2023, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date. |
| F5 | On March 1, 2023, the reporting person was granted 11,324 restricted stock units that vest in three equal annual installments beginning March 1, 2024, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date. |
| F6 | On March 1, 2024, the reporting person was granted 21,186 restricted stock units that vest in three equal annual installments beginning March 1, 2025, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date. |
| F7 | On March 3, 2025, the reporting person was granted 16,864 restricted stock units that vest in three equal annual installments beginning March 1, 2026, subject to continued service. Vested shares will be issued to the reporting person as soon as practicable after the vesting date. |
| F8 | Represents shares of Eastern Bankshares, Inc. (the "Company") common stock, par value $0.01 per share ("Common Stock") received upon vesting of a performance restricted stock unit ("PRSU") award eligible to vest based upon both (i) the Company's performance measured at the end of the three-year performance period of January 1, 2022 through December 31, 2024 (the "Performance Period") relative to the KBW Nasdaq Regional Banking Index with respect to growth in earnings per share ("EPS Measure"), and (ii) the Company's performance measured at the end of the Performance Period relative to the KBW Nasdaq Regional Banking Index with respect to total shareholder return ("TSR Measure"). Based on the Company's three year performance on the TSR Measure and EPS Measure respectively, as measured at the end of the Performance Period, the Compensation Committee determined that (i) performance under the TSR Measure did not meet the minimum threshold, |
| F9 | (Continued from footnote 8) resulting in no award of shares for this metric, and (ii) performance under the EPS Measure met the maximum payout threshold of 150% of target. |
President and Chief Operating Officer