FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

DeChellis Anthony
2. Issuer Name and Ticker or Trading Symbol

BOSTON PRIVATE FINANCIAL HOLDINGS INC [ BPFH ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CEO and President
(Last)          (First)          (Middle)

BOSTON PRIVATE FINANCIAL HOLDINGS, INC., TEN POST OFFICE SQUARE
3. Date of Earliest Transaction (MM/DD/YYYY)

5/4/2020
(Street)

BOSTON, MA 02109
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 5/4/2020  P  101 A$6.86 170643.263 D  
Common Stock 5/4/2020  P  200 A$6.865 170843.263 D  
Common Stock 5/4/2020  P  460 A$6.87 171303.263 D  
Common Stock 5/4/2020  P  950 A$6.88 172253.263 D  
Common Stock 5/4/2020  P  300 A$6.885 172553.263 D  
Common Stock 5/4/2020  P  1499 A$6.89 174052.263 D  
Common Stock 5/4/2020  P  200 A$6.895 174252.263 D  
Common Stock 5/4/2020  P  400 A$6.90 174652.263 D  
Common Stock 5/4/2020  P  200 A$6.91 174852.263 D  
Common Stock 5/4/2020  P  400 A$6.92 175252.263 D  
Common Stock 5/4/2020  P  100 A$6.93 175352.263 D  
Common Stock 5/4/2020  P  300 A$6.935 175652.263 D  
Common Stock 5/4/2020  P  450 A$6.94 176102.263 D  
Common Stock 5/4/2020  P  400 A$6.945 176502.263 D  
Common Stock 5/4/2020  P  315 A$6.95 176817.263 D  
Common Stock 5/4/2020  P  100 A$6.955 176917.263 D  
Common Stock 5/4/2020  P  200 A$6.96 177117.263 D  
Common Stock 5/4/2020  P  170 A$6.98 177287.263 D  
Common Stock 5/4/2020  P  400 A$6.99 177687.263 D  
Common Stock 5/4/2020  P  596 A$7.01 178283.263 D  
Common Stock 5/4/2020  P  100 A$7.015 178383.263 D  
Common Stock 5/4/2020  P  100 A$7.02 178483.263 D  
Common Stock 5/4/2020  P  200 A$7.025 178683.263 D  
Common Stock 5/4/2020  P  100 A$7.03 178783.263 D  
Common Stock 5/4/2020  P  400 A$7.04 179183.263 D  
Common Stock 5/4/2020  P  400 A$7.07 179583.263 D  
Common Stock 5/4/2020  P  900 A$7.08 180483.263 D  
Common Stock 5/4/2020  P  1600 A$7.09 182083.263 D  
Common Stock 5/4/2020  P  600 A$7.095 182683.263 D  
Common Stock 5/4/2020  P  2445 A$7.10 185128.263 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:

Remarks:
This Form 4 is the first of two Form 4s being filed by the Reporting Person relating to the same event. The Form 4 has been split into two filings to cover all 53 individual transactions that occurred on the same Transaction Date, because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate transactions. Each Form 4 will be filed by the Reporting Person.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
DeChellis Anthony
BOSTON PRIVATE FINANCIAL HOLDINGS, INC.
TEN POST OFFICE SQUARE
BOSTON, MA 02109
X
CEO and President

Signatures
/s/ Christopher Cooper, attorney-in-fact for Mr. DeChellis5/5/2020
**Signature of Reporting PersonDate

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