SCHEDULE
13D
CUSIP
No. 373730100
|
Page
2 of 14 Pages
|
1)
|
NAME OF REPORTING PERSON
|
|
Barington
Companies Equity Partners, L.P.
|
|
|
2)
|
CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
|
(a) x
|
|
|
|
|
|
(b) o
|
|
|
|
3)
|
SEC USE ONLY
|
|
|
|
|
4)
|
SOURCE OF FUNDS WC
|
|
|
|
|
5)
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
|
|
|
6)
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
Delaware
|
|
|
|
|
|
7)
|
SOLE VOTING POWER
|
NUMBER OF
|
|
627,768
|
SHARES
|
|
|
BENEFICIALLY
|
8)
|
SHARED VOTING POWER
|
OWNED BY
|
|
none
|
EACH
|
|
|
REPORTING
|
9)
|
SOLE DISPOSITIVE POWER
|
PERSON
|
|
627,768
|
WITH
|
|
|
|
10)
|
SHARED DISPOSITIVE POWER
|
|
|
none
|
|
|
|
11)
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
627,768
|
|
|
|
12)
|
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
|
|
13)
|
PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
|
|
|
10.00%
|
|
|
|
|
14)
|
TYPE OF REPORTING PERSON
|
|
|
PN
|
|
|
|
|
SCHEDULE
13D
CUSIP
No. 373730100
|
Page
3 of 14 Pages
|
1)
|
NAME OF REPORTING PERSON
|
|
Barington
Companies Investors, LLC
|
|
|
2)
|
CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
|
(a) x
|
|
|
|
|
|
(b) o
|
|
|
|
3)
|
SEC USE ONLY
|
|
|
|
|
4)
|
SOURCE OF FUNDS OO
|
|
|
|
|
5)
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
|
|
|
6)
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
Delaware
|
|
|
|
|
|
7)
|
SOLE VOTING POWER
|
NUMBER OF
|
|
627,768
|
SHARES
|
|
|
BENEFICIALLY
|
8)
|
SHARED VOTING POWER
|
OWNED BY
|
|
none
|
EACH
|
|
|
REPORTING
|
9)
|
SOLE DISPOSITIVE POWER
|
PERSON
|
|
627,768
|
WITH
|
|
|
|
10)
|
SHARED DISPOSITIVE POWER
|
|
|
none
|
|
|
|
11)
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
627,768
|
|
|
|
|
12)
|
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
|
|
13)
|
PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
|
|
|
10.00%
|
|
|
|
|
14)
|
TYPE OF REPORTING PERSON
|
|
|
OO
|
|
|
|
|
SCHEDULE
13D
CUSIP
No. 373730100
|
Page
4 of 14 Pages
|
1)
|
NAME OF REPORTING PERSON
|
|
Barington
Capital Group, L.P.
|
|
|
2)
|
CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
|
(a) x
|
|
|
|
|
|
(b) o
|
|
|
|
3)
|
SEC USE ONLY
|
|
|
|
|
4)
|
SOURCE OF FUNDS OO
|
|
|
|
|
5)
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
|
|
|
6)
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
New York
|
|
|
|
|
|
7)
|
SOLE VOTING POWER
|
NUMBER OF
|
|
627,768
|
SHARES
|
|
|
BENEFICIALLY
|
8)
|
SHARED VOTING POWER
|
OWNED BY
|
|
none
|
EACH
|
|
|
REPORTING
|
9)
|
SOLE DISPOSITIVE POWER
|
PERSON
|
|
627,768
|
WITH
|
|
|
|
10)
|
SHARED DISPOSITIVE POWER
|
|
|
none
|
|
|
|
11)
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
627,768
|
|
|
|
12)
|
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
|
|
13)
|
PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
|
|
|
10.00%
|
|
|
|
|
14)
|
TYPE OF REPORTING PERSON
|
|
|
PN
|
|
|
|
|
SCHEDULE
13D
CUSIP
No. 373730100
|
Page
5 of 14 Pages
|
1)
|
NAME OF REPORTING PERSON
|
|
LNA
Capital Corp.
|
|
|
2)
|
CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
|
(a) x
|
|
|
|
|
|
(b) o
|
|
|
|
3)
|
SEC USE ONLY
|
|
|
|
|
4)
|
SOURCE OF FUNDS OO
|
|
|
|
|
5)
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
|
|
|
6)
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
Delaware
|
|
|
|
|
|
7)
|
SOLE VOTING POWER
|
NUMBER OF
|
|
627,768
|
SHARES
|
|
|
BENEFICIALLY
|
8)
|
SHARED VOTING POWER
|
OWNED BY
|
|
none
|
EACH
|
|
|
REPORTING
|
9)
|
SOLE DISPOSITIVE POWER
|
PERSON
|
|
627,768
|
WITH
|
|
|
|
10)
|
SHARED DISPOSITIVE POWER
|
|
|
none
|
|
|
|
11)
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
627,768
|
|
|
|
12)
|
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
|
|
13)
|
PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
|
|
|
10.00%
|
|
|
|
|
14)
|
TYPE OF REPORTING PERSON
|
|
|
CO
|
|
|
|
|
SCHEDULE
13D
CUSIP
No. 373730100
|
Page
6 of 14 Pages
|
1)
|
NAME OF REPORTING PERSON
|
|
James
A. Mitarotonda
|
|
|
2)
|
CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
|
(a) x
|
|
|
|
|
|
(b) o
|
|
|
|
3)
|
SEC USE ONLY
|
|
|
|
|
4)
|
SOURCE OF FUNDS OO
|
|
|
|
|
5)
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
|
|
|
6)
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
United States
|
|
|
|
|
|
7)
|
SOLE VOTING POWER
|
NUMBER OF
|
|
645,702
|
SHARES
|
|
|
BENEFICIALLY
|
8)
|
SHARED VOTING POWER
|
OWNED BY
|
|
none
|
EACH
|
|
|
REPORTING
|
9)
|
SOLE DISPOSITIVE POWER
|
PERSON
|
|
645,702
|
WITH
|
|
|
|
10)
|
SHARED DISPOSITIVE POWER
|
|
|
none
|
|
|
|
11)
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
645,702
|
|
|
|
12)
|
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
|
|
13)
|
PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
|
|
|
10.29%
|
|
|
|
|
14)
|
TYPE OF REPORTING PERSON
|
|
|
IN
|
|
|
|
|
SCHEDULE
13D
CUSIP
No. 373730100
|
Page
7 of 14 Pages
|
1)
|
NAME OF REPORTING PERSON
|
|
Hilco
Inc.
|
|
|
2)
|
CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
|
(a) x
|
|
|
|
|
|
(b) o
|
|
|
|
3)
|
SEC USE ONLY
|
|
|
|
|
4)
|
SOURCE OF FUNDS WC
|
|
|
|
|
5)
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
|
|
|
6)
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
Illinois
|
|
|
|
|
|
7)
|
SOLE VOTING POWER
|
NUMBER OF
|
|
0
|
SHARES
|
|
|
BENEFICIALLY
|
8)
|
SHARED VOTING POWER
|
OWNED BY
|
|
none
|
EACH
|
|
|
REPORTING
|
9)
|
SOLE DISPOSITIVE POWER
|
PERSON
|
|
0
|
WITH
|
|
|
|
10)
|
SHARED DISPOSITIVE POWER
|
|
|
none
|
|
|
|
11)
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
0
|
|
|
|
12)
|
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
|
|
13)
|
PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
|
|
|
0.00%
|
|
|
|
|
14)
|
TYPE OF REPORTING PERSON
|
|
|
CO
|
|
|
|
|
SCHEDULE
13D
CUSIP
No. 373730100
|
Page
8 of 14 Pages
|
1)
|
NAME OF REPORTING PERSON
|
|
Jeffery
B. Hecktman
|
|
|
2)
|
CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP
|
(a) x
|
|
|
|
|
|
(b) o
|
|
|
|
3)
|
SEC USE ONLY
|
|
|
|
|
4)
|
SOURCE OF FUNDS OO
|
|
|
|
|
5)
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
|
o
|
|
|
|
6)
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|
|
United States
|
|
|
|
|
|
7)
|
SOLE VOTING POWER
|
NUMBER OF
|
|
0
|
SHARES
|
|
|
BENEFICIALLY
|
8)
|
SHARED VOTING POWER
|
OWNED BY
|
|
none
|
EACH
|
|
|
REPORTING
|
9)
|
SOLE DISPOSITIVE POWER
|
PERSON
|
|
0
|
WITH
|
|
|
|
10)
|
SHARED DISPOSITIVE POWER
|
|
|
none
|
|
|
|
11)
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|
0
|
|
|
|
12)
|
CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o
|
|
|
|
13)
|
PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
|
|
|
0.00%
|
|
|
|
|
14)
|
TYPE OF REPORTING PERSON
|
|
|
IN
|
|
|
|
|
Page 9 of 14 Pages
This Amendment
No. 9 amends and supplements the Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on September
30, 2014, as amended by that certain Amendment No. 1 filed on February 6, 2015, Amendment No. 2 filed on February 23, 2015, Amendment
No. 3 filed on March 9, 2015, Amendment No. 4 filed on March 27, 2015, Amendment No. 5 filed on April 13, 2015, Amendment No.
6 filed on August 5, 2015, Amendment No. 7 filed on September 14, 2015 and Amendment No. 8 filed on May 23, 2017 (collectively,
the “Statement”), by and on behalf of Barington Companies Equity Partners, L.P. (“Barington”) and others
with respect to the common stock, no par value (the “Common Stock”), of The Eastern Company, a Connecticut corporation
(the “Company” or “Eastern”). The principal executive offices of the Company are located at 112 Bridge
Street, Naugatuck, Connecticut 06770.
|
Item 2.
|
Identity and Background.
|
The second
paragraph of Item 2(a)-(c) of the Statement is hereby amended and restated as follows:
As of the close
of business on November 30, 2021, the Reporting Entities are the beneficial owners of, in the aggregate, 645,702 shares of Common
Stock, representing approximately 10.29% of the 6,275,180 shares of Common Stock reported by the Company to be issued and outstanding
as of October 2, 2021 in its Form 10-Q filed with the Securities and Exchange Commission on November 10, 2021 (the “Issued
and Outstanding Shares”).
|
Item 3.
|
Source and Amount of Funds
or Other Consideration.
|
The information
contained in Item 3 of the Statement is hereby amended and supplemented as follows:
Since
the filing of the Statement, the Reporting Entities purchased an aggregate of 66,717 shares of Common Stock through open market
transactions, pursuant to the Eastern Company’s Directors Fee Program and in one private transaction. The amount of funds
expended for purchases of Common Stock was approximately $1,578,352.18 by Barington Companies Equity Partners, L.P. All transactions
effected since the filing of the Statement are described in the Schedule attached hereto and incorporated herein by reference.
All such purchases were funded by working capital, which may, at any given time, include margin loans made by brokerage firms
in the ordinary course of business.
|
Item 5.
|
Interest in Securities
of the Issuer.
|
Items
5(a) and 5(c) of the Statement are hereby amended and restated as follows:
(a) As
of the close of business on November 30, 2021, Barington Companies Equity Partners, L.P. beneficially owns an aggregate of 627,768
shares of Common Stock, representing approximately 10.00% of the Issued and Outstanding Shares. As the general partner of Barington
Companies Equity Partners, L.P., Barington Companies Investors, LLC may be deemed to beneficially own the 627,768 shares of Common
Stock beneficially owned by Barington Companies Equity Partners, L.P. As the majority member of Barington Companies Investors,
LLC, Barington Capital Group, L.P. may be deemed to beneficially own the 627,768 shares of Common Stock beneficially owned by
Barington Companies Equity Partners, L.P. As the general partner of Barington Capital Group, L.P., LNA Capital Corp. may be deemed
to beneficially own the 627,768 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P. As the
sole stockholder and director of LNA Capital Corp., James A. Mitarotonda may be deemed to beneficially own the 627,768 shares
of Common Stock beneficially owned by Barington Companies Equity Partners, L.P. Mr. Mitarotonda has sole voting and dispositive
power with respect to the 627,768 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P. Mr. Mitarotonda
disclaims beneficial ownership of any such shares except to the extent of his pecuniary interest therein. Mr. Mitartonda is also
individually the beneficial owner of 17,934 shares of Common Stock granted to him under The Eastern Company’s Directors
Fee Program, which, together with the shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P.,
represents approximately 10.29% of the Issued and Outstanding Shares. Mr. Mitarotonda has sole voting and dispositive power
with respect to the 627,768 shares of Common Stock beneficially owned by Barington Companies Equity Partners, L.P. and the 17,934
shares of Common Stock granted to him under The Eastern Company’s Directors Fee Program.
Page 10 of 14 Pages
As of
the close of business on November 30, 2021, Hilco Inc. and Jeffery B. Hecktman each beneficially own an aggregate of 0 shares
of Common Stock, representing approximately 0.00% of the Issued and Outstanding Shares. As the Chairman and Chief Executive Officer,
majority stockholder and sole director of Hilco Inc., Jeffery B. Hecktman may be deemed to beneficially own the 0 shares of Common
Stock beneficially owned by Hilco Inc. Mr. Hecktman has sole voting and dispositive power with respect to the 0 shares of
Common Stock beneficially owned by Hilco Inc. Mr. Hecktman disclaims beneficial ownership of such shares except to the extent
of his pecuniary interest therein.
The Reporting
Entities do not believe that certain of the foregoing information is called for by the Items of Schedule 13D and are disclosing
it for supplemental informational purposes only. Information with respect to each Reporting Entity is given solely by such Reporting
Entity and no Reporting Entity shall have responsibility for the accuracy or completeness of information supplied by another Reporting
Entity.
(c) Information concerning all
transactions in shares of Common Stock effected since the filing of the Statement by Barington Companies Equity Partners, L.P.,
Barington Companies Investors, LLC, Barington Capital Group, L.P., LNA Capital Corp., James A. Mitarotonda, Hilco Inc. and Jeffery
B. Hecktman is set forth in the Schedule attached hereto and incorporated herein by reference.
|
Item 6.
|
Contracts, Arrangements,
Understanding or Relationships With Respect to Securities of the Issuer.
|
The information
contained in Item 6 of the Statement is hereby amended and supplemented as follows:
On November
24, 2021, Barington Companies Equity Partners, L.P. entered into a letter agreement with Hilco Inc. in connection with the purchase
of shares of Common Stock of the Company at a price of $23.22 per share pursuant to a private transaction. A copy of such agreement
is attached hereto as Exhibit 99.10. Ultimately, 44,020 shares of Common Stock were purchased from Hilco Inc. at such price on
November 24, 2021.
Page 11 of 14 Pages
|
Item 7.
|
Material to be Filed as
Exhibits.
|
Items
7 of the Statement is hereby amended and supplemented as follows:
Page 12 of 14 Pages
SIGNATURES
After
reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certify that the information set forth
in this Statement is true, complete and correct.
Dated:
November 30, 2021
|
BARINGTON
COMPANIES EQUITY PARTNERS, L.P.
|
|
By:
|
Barington
Companies Investors, LLC, its general partner
|
|
|
|
|
By:
|
/s/
James A. Mitarotonda
|
|
Name: James
A. Mitarotonda
|
|
Title: Managing
Member
|
|
|
|
BARINGTON COMPANIES INVESTORS,
LLC
|
|
|
|
|
By:
|
/s/ James
A. Mitarotonda
|
|
Name: James A. Mitarotonda
|
|
Title: Managing
Member
|
|
|
|
BARINGTON
CAPITAL GROUP, L.P.
|
|
By:
|
LNA Capital Corp., its
general partner
|
|
|
|
|
By:
|
/s/
James A. Mitarotonda
|
|
Name: James
A. Mitarotonda
|
|
Title: President
and CEO
|
|
|
|
LNA CAPITAL
CORP.
|
|
|
|
|
By:
|
/s/
James A. Mitarotonda
|
|
Name: James
A. Mitarotonda
|
|
Title: President
and CEO
|
|
|
|
/s/
James A. Mitarotonda
|
|
James A.
Mitarotonda
|
|
|
|
HILCO INC.
|
|
|
|
|
By:
|
/s/
Eric W. Kaup
|
|
Name: Eric
W. Kaup
|
|
Title: Secretary
|
|
|
|
/s/
Jeffery B. Hecktman
|
|
Jeffery B.
Hecktman
|
Page 13 of 14 Pages
SCHEDULE
This schedule
sets forth information with respect to each purchase of Common Stock which was effectuated by a Reporting Entity since the filing
of the Statement. All transactions were effectuated in the open market through a broker, other than the purchase of Common Stock
on November 24, 2021 by Barington Companies Equity Partners, L.P. from Hilco Inc, which was a private transaction, a sale of Shares
by Hilco Inc. to a separate third party which was a private transaction and the Shares acquired by James A. Mitarotonda under
The Eastern Company Directors Fee Program:
Shares purchased
by Barington Companies Equity Partners, L.P.:
Date
|
|
|
Number of Shares
|
|
|
Price Per Share
|
|
|
Cost (*)
|
|
|
03/03/20
|
|
|
|
300
|
|
|
$
|
24.7950
|
|
|
$
|
7,438.50
|
|
|
03/04/20
|
|
|
|
1,900
|
|
|
$
|
24.9758
|
|
|
$
|
47,454.02
|
|
|
03/05/20
|
|
|
|
100
|
|
|
$
|
24.9000
|
|
|
$
|
2,490.00
|
|
|
05/12/20
|
|
|
|
1,521
|
|
|
$
|
16.9138
|
|
|
$
|
25,725.89
|
|
|
11/16/20
|
|
|
|
100
|
|
|
$
|
22.2450
|
|
|
$
|
2,224.50
|
|
|
11/19/20
|
|
|
|
200
|
|
|
$
|
22.2650
|
|
|
$
|
4,453.00
|
|
|
11/20/20
|
|
|
|
2,400
|
|
|
$
|
22.2573
|
|
|
$
|
53,417.52
|
|
|
11/24/20
|
|
|
|
1,524
|
|
|
$
|
22.3280
|
|
|
$
|
34,027.87
|
|
|
11/24/21
|
|
|
|
44,020
|
|
|
$
|
23.2200
|
|
|
$
|
1,022,144.40
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares acquired by James A. Mitarotonda
under The Eastern Company Directors Fee Program:
Date
|
|
|
Number of Shares
|
|
|
Price Per Share
|
|
|
Cost (**)
|
|
|
15-06-17
|
|
|
|
247
|
|
|
$
|
30.30
|
|
|
$
|
7,484.10
|
|
|
15-09-17
|
|
|
|
507
|
|
|
$
|
26.30
|
|
|
$
|
13,334.10
|
|
|
15-12-17
|
|
|
|
555
|
|
|
$
|
27.95
|
|
|
$
|
15,512.25
|
|
|
15-03-18
|
|
|
|
532
|
|
|
$
|
29.10
|
|
|
$
|
15,481.20
|
|
|
15-06-18
|
|
|
|
554
|
|
|
$
|
30.70
|
|
|
$
|
17,007.80
|
|
|
14-09-18
|
|
|
|
563
|
|
|
$
|
28.40
|
|
|
$
|
15,989.20
|
|
|
14-12-18
|
|
|
|
689
|
|
|
$
|
23.24
|
|
|
$
|
16,012.36
|
|
|
15-03-19
|
|
|
|
574
|
|
|
$
|
29.16
|
|
|
$
|
16,737.84
|
|
|
14-06-19
|
|
|
|
637
|
|
|
$
|
26.30
|
|
|
$
|
16,753.10
|
|
|
13-09-19
|
|
|
|
644
|
|
|
$
|
26.78
|
|
|
$
|
17,246.32
|
|
|
13-12-19
|
|
|
|
579
|
|
|
$
|
29.79
|
|
|
$
|
17,248.41
|
|
|
13-03-20
|
|
|
|
1,262
|
|
|
$
|
25.57
|
|
|
$
|
32,269.34
|
|
|
15-06-20
|
|
|
|
1,736
|
|
|
$
|
18.29
|
|
|
$
|
31,751.44
|
|
|
15-09-20
|
|
|
|
1,164
|
|
|
$
|
22.33
|
|
|
$
|
25,992.12
|
|
|
15-12-20
|
|
|
|
1,008
|
|
|
$
|
25.19
|
|
|
$
|
25,391.52
|
|
|
15-03-21
|
|
|
|
1,199
|
|
|
$
|
26.49
|
|
|
$
|
31,761.51
|
|
|
15-06-21
|
|
|
|
951
|
|
|
$
|
33.39
|
|
|
$
|
31,753.89
|
|
|
15-09-21
|
|
|
|
1,251
|
|
|
$
|
24.98
|
|
|
$
|
31,249.98
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares sold by Hilco Inc.:
Date
|
|
|
Number of Shares
|
|
|
Price Per Share
|
|
|
Cost (*)
|
|
|
11/24/21
|
|
|
|
44,020
|
|
|
$
|
23.2200
|
|
|
$
|
1,022,144.40
|
|
|
11/26/21
|
|
|
|
10,000
|
|
|
$
|
23.2200
|
|
|
$
|
232,200.00
|
|
(*) Excludes commissions and other
execution-related costs.
(**) Mr.
Mitarotonda acquired these shares under The Eastern Company’s Directors Fee Program, which permits directors to elect to
be paid their annual board fee in shares of Common Stock of the Company rather than in cash.
Page 14 of 14 Pages
Exhibit
99.10 Letter agreement between Barington Companies Equity Partners, L.P. and Hilco Inc. dated November 24, 2021.