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Halberstadt Peter J.
SVP, Chief Credit Officer
Cambridge Bancorp
US, Cambridge [HQ]
CIK
1959574
Data Source
We automatically created this profile. The information was aggregated based on earnings call transcripts, insider forms and DEF 14A statements.
Latest Information
Shares :
3,993
Price per Share :
$220.00
Equivalence :
$878,460.00
Transaction History
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A3,993 Shares After TransactionValue : $n/a$0.0Transaction Date : 03/06/24
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Footnotes
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Footnotes:#1 This PRSU award was eligible to vest based upon the Company's average three year-performance relative to the Company's established comparator index for operating return on average assets and operating diluted earnings per share growth for the period ending December 31, 2023. Based on the Company's performance through December 31, 2023, the Compensation Committee determined that these awards would vest at 50.5% of target.
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F3,836 Shares After TransactionValue : $262,344.04$2,188.48Transaction Date : 02/15/24
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Footnotes
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Footnotes:No footnote found.
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F3,886 Shares After TransactionValue : $249,792.08$6,877.96Transaction Date : 04/28/24
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Footnotes
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Footnotes:No footnote found.
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D0.0 Shares After TransactionValue : $n/a$0.0Transaction Date : 07/12/24
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Footnotes
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Footnotes:#1 Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") dated as of September 19, 2023, by and between Cambridge Bancorp ("Cambridge"), Cambridge Trust Company, Eastern Bankshares, Inc. ("Eastern"), Eastern Bank and Citadel MS 2023, Inc., in exchange for the right to receive (i) 14,878 shares of Eastern common stock, with a market value of $14.87 per share of Eastern common stock based on the closing price of Eastern common stock on July 12, 2024, (ii) 496 Eastern restricted stock awards and (iii) 3,886 Eastern restricted stock unit awards, and in the case of (ii) and (iii), with the same terms, restrictions and vesting schedules as such existing Cambridge restricted stock award and Cambridge restricted stock unit award, respectively.#2 Disposed of pursuant to the Merger Agreement in exchange for the right to receive 6,587 shares of Eastern common stock, with a market value of $14.87 per share of Eastern common stock based on the closing price of Eastern common stock on July 12, 2024.
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D0.0 Shares After TransactionValue : $n/a$0.0Transaction Date : 07/12/24
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Footnotes
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Footnotes:#1 Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") dated as of September 19, 2023, by and between Cambridge Bancorp ("Cambridge"), Cambridge Trust Company, Eastern Bankshares, Inc. ("Eastern"), Eastern Bank and Citadel MS 2023, Inc., in exchange for the right to receive (i) 14,878 shares of Eastern common stock, with a market value of $14.87 per share of Eastern common stock based on the closing price of Eastern common stock on July 12, 2024, (ii) 496 Eastern restricted stock awards and (iii) 3,886 Eastern restricted stock unit awards, and in the case of (ii) and (iii), with the same terms, restrictions and vesting schedules as such existing Cambridge restricted stock award and Cambridge restricted stock unit award, respectively.#2 Disposed of pursuant to the Merger Agreement in exchange for the right to receive 6,587 shares of Eastern common stock, with a market value of $14.87 per share of Eastern common stock based on the closing price of Eastern common stock on July 12, 2024.