Peter S. O'Hara - May 16, 2022 Form 3/A - Amendment Insider Report for EASTERN CO (EML)

Role: Chief Financial Officer
Signature: /s/ Peter S. O'Hara
Stock symbol: EML
Transactions as of: May 16, 2022
Transactions value $: $0
Form type: 3/A - Amendment
Date filed: 5/24/2022, 04:35 PM
Date Of Original Report: May 20, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	EML	Stock Award							May 16, 2022	Common Stock	7.1K	$0.00	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On April 26, 2022, 7,100 Stock Awards were granted to the reporting person pursuant to the terms of The Eastern Company 2020 Stock Incentive Plan and a Stock Award Agreement, at no exercise price. These stock awards shall vest on March 1, 2025 (2,414 stock awards shall vest provided the reporting person remains an employee of the issuer on the exercise date, and 4,686 shall vest provided the issuer meets certain performance thresholds prescribed in the stock award agreement and the reporting person remains an employee of the issuer on the exercise date).

Content

On April 26, 2022, 7,100 Stock Awards were granted to the reporting person pursuant to the terms of The Eastern Company 2020 Stock Incentive Plan and a Stock Award Agreement, at no exercise price. These stock awards shall vest on March 1, 2025 (2,414 stock awards shall vest provided the reporting person remains an employee of the issuer on the exercise date, and 4,686 shall vest provided the issuer meets certain performance thresholds prescribed in the stock award agreement and the reporting person remains an employee of the issuer on the exercise date).