0001567619-20-005708.txt : 20200305 0001567619-20-005708.hdr.sgml : 20200305 20200305134838 ACCESSION NUMBER: 0001567619-20-005708 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200303 FILED AS OF DATE: 20200305 DATE AS OF CHANGE: 20200305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Vlak August M. CENTRAL INDEX KEY: 0001663158 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35383 FILM NUMBER: 20690263 MAIL ADDRESS: STREET 1: 112 BRIDGE STREET CITY: NAUGATUCK STATE: CT ZIP: 06770 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: EASTERN CO CENTRAL INDEX KEY: 0000031107 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 060330020 STATE OF INCORPORATION: CT FISCAL YEAR END: 1228 BUSINESS ADDRESS: STREET 1: 112 BRIDGE ST STREET 2: P O BOX 460 CITY: NAUGATUCK STATE: CT ZIP: 06770 BUSINESS PHONE: 2037292255 MAIL ADDRESS: STREET 1: 112 BRIDGE STREET STREET 2: P O BOX 460 CITY: NAUGATUCK STATE: CT ZIP: 06770 4 1 doc1.xml FORM 4 X0306 4 2020-03-03 0 0000031107 EASTERN CO EML 0001663158 Vlak August M. 112 BRIDGE STREET NAUGATUCK CT 06770 0 1 0 0 President & CEO Common Stock 2020-03-03 4 A 0 96 A 17330 D Common Stock 2020-03-03 4 P 0 1000 25.70 A 18330 D Stock Appreciation Rights 19.10 2017-03-02 4 A 0 20000 0 A 2022-03-02 Common Stock 20000 20000 D Stock Appreciation Rights 24.90 2018-02-07 4 A 0 20000 0 A 2023-02-08 Common Stock 20000 20000 D Stock Appreciation Rights 26.30 2019-02-25 4 A 0 12000 0 A 2024-02-25 Common Stock 12000 12000 D 96 shares acquired at various prices for the period 1/1/2020 through 3/3/2020 under The Eastern Company Dividend Investment Plan and The Eastern Company Employee Stock Purchase Plan. On March 2, 2017, 20,000 stock appreciation rights ("SARs") were granted to the reporting person pursuant to the terms of The Eastern Company 2010 Executive Stock Incentive Plan and a stock appreciation rights agreement, at an exercise price of $19.10 per SAR. These SARs shall vest and become exercisable as follows (provided the reporting person remains an employee of the issuer on each applicable vesting date, and the issuer meets certain performance thresholds prescribed in the stock appreciation rights agreement): 6,667 of the granted SARs vest on February 1, 2018; 6,667 of the granted SARs vest on February 1, 2019; and 6,666 of the granted SARs vest on February 1, 2020. On February 7, 2018, 20,000 stock appreciation rights ("SARs") were granted to the reporting person pursuant to the terms of The Eastern Company 2010 Executive Stock Incentive Plan and a stock appreciation rights agreement, at an exercise price of $24.90 per SAR. These SARs shall vest and become exercisable as follows (provided the reporting person remains an employee of the issuer on each applicable vesting date, and the issuer meets certain performance thresholds prescribed in the stock appreciation rights agreement): 20,000 of the granted SARs vest on February 7, 2021. On February 25, 2019, 12,000 stock appreciation rights ("SARs") were granted to the reporting person pursuant to the terms of The Eastern Company 2010 Executive Stock Incentive Plan and a stock appreciation rights agreement, at an exercise price of $26.30 per SAR. These SARs shall vest and become exercisable on February 1, 2022, provided the reporting person remains an employee of the issuer on the vesting date and the issuer achieves its Book Value Target at the close of December FY 2021. /s/August M. Vlak 2020-03-05