Brett Brbovic - Apr 1, 2023 Form 4 Insider Report for BERKSHIRE HILLS BANCORP INC (BHLB)

Role: Sr Managing Dir and CAO
Signature: /s/ Marc P. Levy, pursuant to power of attorney
Stock symbol: BHLB
Transactions as of: Apr 1, 2023
Transactions value $: -$3,709
Form type: 4
Date filed: 4/4/2023, 08:06 PM
Previous filing: Feb 1, 2023
Next filing: Jul 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BHLB	Common Stock	Tax liability	-$3.71K	-148	-2.62%	$25.06	5.5K	Apr 1, 2023	Direct	F8
transaction	BHLB	Common Stock	Award	$0	+2.45K		$0.00	2.45K	Apr 1, 2023	By Stock Award VI	F6
holding	BHLB	Common Stock						1.65K	Apr 1, 2023	By Stock Award V	F5
holding	BHLB	Common Stock						926	Apr 1, 2023	By Stock Award IV	F4, F8
holding	BHLB	Common Stock						1.44K	Apr 1, 2023	By Stock Award III	F3
holding	BHLB	Common Stock						953	Apr 1, 2023	By Stock Award II	F2, F8
holding	BHLB	Common Stock						1.05K	Apr 1, 2023	By Stock Award I	F1
holding	BHLB	Common Stock						550	Apr 1, 2023	By 401(k)	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 50% in three equal annual installments commencing on July 1, 2021 with the remaining 50% vesting on July 1, 2023.
F2	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2022 with the remaining 50% vesting on April 1, 2024.
F3	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 100% on July 1, 2024.
F4	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2018 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2023 with the remaining 50% vesting on April 1, 2025.
F5	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan Stock Awards vest 50% in three equal annual installments commencing on January 30, 2024 with the remaining 50% vesting on January 30, 2026.
F6	Stock Awards granted pursuant to the Berkshire Hills Bancorp, Inc. 2022 Equity Compensation Plan vest 50% in three equal annual installments commencing on April 1, 2024 with the remaining 50% vesting on April 1, 2026.
F7	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F8	Since the reporting person's last report, 185 shares previously held through Stock Award II and 238 shares previously held through Stock Award IV have vested and are now owned directly.