Statement of Changes in Beneficial Ownership (4)
May 20 2021 - 9:00AM
Edgar (US Regulatory)
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
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
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
*
SULLIVAN JOHN L III |
2. Issuer Name and Ticker or Trading Symbol
EASTERN CO
[
EML
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Vice President & CFO |
(Last)
(First)
(Middle)
112 BRIDGE STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/4/2021 |
(Street)
NAUGATUCK, CT 06770
(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
|
Class A Common Stock (1) | 2/4/2021 | | L | | 8 | A | $24.51 | 31097 | D | |
Class A Common Stock (1) | 3/5/2021 | | L | | 7 | A | $26.82 | 31104 | D | |
Class A Common Stock (2) | 3/15/2021 | | P |
V
| 104 | A | $26.51 | 31208 | D | |
Class A Common Stock (1) | 4/6/2021 | | L | | 9 | A | $27.51 | 31217 | D | |
Class A Common Stock (1) | 5/5/2021 | | L | | 7 | A | $29.29 | 31224 | D | |
Class A Common Stock (3) | 5/10/2021 | | M | | 8333 | A | $19.10 | 39557 | D | |
Class A Common Stock (3) | 5/10/2021 | | D | | 5100 | D | $31.21 | 34457 | 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 Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. 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 Date | 7. 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) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Appreciation Rights | $19.10 | 5/10/2021 | | M | | | 8333 | 2/1/2020 | 3/2/2022 | Common Stock | 8333 | $0 | 0 | D | |
Stock Appreciation Rights | $24.90 | 4/27/2021 | | A | | 10000 | | 2/1/2021 | 2/7/2023 | Common Stock | 10000 | $0 | 10000 | D | |
Explanation of Responses: |
(1) | Represents shares acquired by the reporting person under The Eastern Company Investors Choice Dividend Reinvestment and Direct Stock Purchase Sale Plan that are eligible for deferred reporting pursuant to Rule 16a-6 under the Securities Exchange Act of 1934, as amended. |
(2) | Represents shares acquired by the reporting person through the reinvestment of dividends under The Eastern Company Investors Choice Dividend Reinvestment and Direct Stock Purchase Sale Plan. |
(3) | The reporting person received 3,233 shares of common stock upon the net exercise of 8,333 stock appreciation rights (SARs). A total of 5,100 shares of common stock underlying such SARs were withheld in the payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
SULLIVAN JOHN L III 112 BRIDGE STREET NAUGATUCK, CT 06770 |
|
| Vice President & CFO |
|
Signatures
|
/s/John L. Sullivan III | | 5/20/2021 |
**Signature of Reporting Person | Date |
Eastern (NASDAQ:EML)
Historical Stock Chart
From Jun 2024 to Jul 2024
Eastern (NASDAQ:EML)
Historical Stock Chart
From Jul 2023 to Jul 2024