0000950159-17-000229.txt : 20171003 0000950159-17-000229.hdr.sgml : 20171003 20171003092407 ACCESSION NUMBER: 0000950159-17-000229 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20171003 DATE AS OF CHANGE: 20171003 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BERKSHIRE HILLS BANCORP INC CENTRAL INDEX KEY: 0001108134 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 043510455 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60595 FILM NUMBER: 171116259 BUSINESS ADDRESS: STREET 1: 24 NORTH ST. CITY: PITTSFIELD STATE: MA ZIP: 01201 BUSINESS PHONE: 4134435601 MAIL ADDRESS: STREET 1: 24 NORTH ST CITY: PITTSFIELD STATE: MA ZIP: 01201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TUCHMAN MARTIN CENTRAL INDEX KEY: 0000939713 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 633 PROSPECT AVE CITY: PRINCETON STATE: NJ ZIP: 08540 SC 13D/A 1 tuchman13da.htm BERKSHIRE HILLS BANCORP, INC. SCHEDULE 13D/A

UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
 WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
 (Amendment No. 3)
Berkshire Hills Bancorp, Inc.
(Name of Issuer)

Common stock, par value $0.01 per share
(Title of Class of Securities)

084680107
(CUSIP Number)

Martin Tuchman
633 Prospect Avenue
 Princeton, NJ  08540
(Name, Address and Telephone Number of Person
 Authorized to Receive Notices and Communications)

September 27, 2017
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box.
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 

CUSIP No. 084680107
Schedule 13D/A
Page 2 of 4
 
 
 
 
1.  
Martin Tuchman
 
2.
Check the appropriate box if a member of a group (see instructions)
   
(a)  
   
(b)  
 
3.
SEC use only
 
 
4.
Source of funds (see instructions)
 
PF
 
5.
Check if disclosure of legal proceedings is required pursuant to item 2(d) or 2(e)
 
 
6.
Citizenship or place of organization
 
United States of America
Number of shares beneficially owned by each reporting person with:
7.
Sole Voting Power
 
2,243,037
8.
Shared Voting Power
 
57,730
9.
Sole Dispositive Power
 
2,243,037
10.
Shared Dispositive Power
 
57,730
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
 
2,300,767
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
 
 
 
13.
Percent of Class Represented by Amount in Row (11)
 
5.7%1
 
14.
Type of Reporting Person (See Instructions)
 
IN
   
1 Based on 40,427,624 shares of the Issuer's common stock outstanding as of August 7, 2017. 
 
 

CUSIP No. 084680107
Schedule 13D/A
Page 3 of 4
 
 
EXPLANATORY NOTE
This Amendment No. 3 to Schedule 13D ("Amendment No. 3") is being filed by Martin Tuchman (the "Reporting Person").  Capitalized terms used herein which are not defined herein have the meanings given to them in the Reporting Person's initial filing on Schedule 13D, previously filed with the Securities and Exchange Commission on December 12, 2016 (the "Original Schedule").  Except as set forth below in this Amendment No. 3, there have been no material changes in the facts set forth in the Original Schedule, as amended by Amendment No. 1 to Schedule 13D filed by the Reporting Person on February 13, 2017, and as further amended by Amendment No. 2 to Schedule 13D filed by the Reporting Person on May 31, 2017.
Item 5.   Interest in Securities of the Issuer
(a)
See Items 11 and 13 of the cover page to this Amendment No. 3.
(b)
See Items 7 through 10 of the cover page to this Amendment No. 3.  Except as set forth in Items 7 and 9 of the cover page to this Amendment No. 3, there have been no material changes in the facts set forth in Item 5, paragraph (b) of the Original Schedule.
(c)
During the past 60 days, the Reporting Person has affected the following transactions in the shares of common stock of the Issuer.
 
Date
Transaction
Type
No. of
Shares
Weighted
Avg. Price
per Share
High Price
of Range
Low Price
of Range
  
 
8/4/2017
Sale
10,000
$  36.2149
$  36.2750
$  36.1500
  
 
8/8/2017
Sale
5,294
$  35.7994
$  35.8250
$  35.7500
  
 
8/9/2017
Purchase
1,500
$  35.0000
$  35.0000
$  35.0000
  
 
8/10/2017
Purchase
1,000
$  34.4000
$  34.4000
$  34.4000
  
 
9/22/2017
Sale
10,100
$  36.0893
$  36.2500
$  35.9750
  
 
9/25/2017
Sale
10,172
$  36.3039
$  36.4000
$  36.2000
  
 
9/26/2017
Sale
45,200
$  36.6578
$  36.8500
$  36.4500
  
 
9/27/2017
Sale
60,000
$  37.5687
$  38.0000
$  37.1500
  
 
9/28/2017
Sale
40,000
$  38.0499
$  38.1250
$  38.0000
  
 
9/29/2017
Sale
10,000
$  38.5904
$  38.9250
$  38.5500
  

All of the above listed transactions were affected by the Reporting Person in open market transactions through a broker.  The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission full information regarding the number of shares purchased or sold at each separate price.
 

CUSIP No. 084680107
Schedule 13D/A
Page 4 of 4
 
 
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date:  October 3, 2017
  
 
Martin Tuchman