UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
ATTENTION: Transmit for filing 3 copies of this form concurrently with either
placing an order with a broker to execute sale or executing a sale directly with
a market maker
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1(a) NAME OF ISSUER (Please type or print)
The Eastern Company
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1(b) IRS IDENT. NO. (c) SEC FILE NO.
06-0330020 0-599
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1(d) ADDRESS OF ISSUER STREET
112 Bridge Street
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1(d) CITY STATE ZIP CODE
Naugatuck, CT 06770
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1(e) TELEPHONE
AREA CODE NUMBER
203 729-2255
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2(a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
The Eastern Company Pension Plan for Hourly-Rated Employees Trust
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2(b) IRS IDENT. NO. (c) RELATIONSHIP TO ISSUER
04-3581074 Employee Benefit Plans of Issuer
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2(d) ADDRESS STREET
112 Bridge Street
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2(d) CITY STATE ZIP CODE Naugatuck CT 06770
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INSTRUCTION: The person filing this notice should contact the issuer to obtain
the I.R.S. Identification Number and the SEC File Number.
3 (a) (b) SEC USE (c ) (d) (e) (f) (g)
Title of Name and Address of Each ONLY Number of Aggregate Number of Approximate Name of Each
the Class Broker Through Whom the Broker- Shares or Market Shares or Date of Sale Securities
of Securities are to be Dealer Other Units Value Other Units (See instr. Exchange
Securities Offered to Each Market File to be Sold Outstanding 3(f))
to Maker who is Number (See instr. (See instr. (See instr. (MO. DAY YR.) (See instr.
be Sold Acquiring the Securities 3 (c )) 3(d)) 3(e)) 3(g))
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Common Morgan Stanley 48,938 1,294,410 5,578,521 05/08/07 American
Stock 1585 Broadway, Stock
30th Floor Exchange
New York, NY 10036
INSTRUCTIONS:
1.(a) Name of issuer
(b) Issuer's I.R.S. Identification Number
(c) Issuer's S.E.C. file number, if any
(d) Issuer's address, including zip code
(e) Issuer's telephone number, including area code
2.(a) Name of person for whose account the securities are to be sold
(b) Such person's I.R.S. identification number, if such person is an entity
(c) Such person's relationship to the issuer (e.g., officer, director, 10%
stockholder, or member of immediate family of any of the foregoing)
(d) Such person's address, including zip code
3.(a) Title of the class of securities to be sold
(b) Name and address of each broker through whom the securities are intended
to be sold
(c) Number of shares or other units to be sold (if debt securities, give the
aggregate face amount)
(d) Aggregate market value of the securities to be sold as of a specified date
within 10 days prior to the filing of this notice
(e) Number of shares or other units of the class outstanding, or if debit
securities the face amount thereof outstanding, as shown by the most
recent report or statement published by the issuer
(f) Approximate date on which the securities are to be sold
(g) Name of each securities exchange, if any, on which the securities are
intended to be sold
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED
IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY
VALID OMB CONTROL NUMBER.
TABLE I - SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the
securities to be sold and with respect to the payment of all or any part of the
purchase price or other consideration therefor:
Nature of Name of Person from Whom Amount of
Title of Date you Acquisition Acquired (If gift, Securities Date of Nature of
the Class Acquired Transaction also give date donor acquired) Acquired Payment Payment
--------- -------- ----------- ------------------------------ -------- ------- -------
Common 6/4/75 Open Market Open Market Transaction 48,938 Jun 1975 Cash at time
Stock to Transaction shares to Dec 1983 of purchase
12/8/83
INSTRUCTIONS:
If the securities were purchased and full payment therefore was not made in cash
at the time of purchase, explain in the table or in a note thereto the nature of
the consideration given. If the consideration consisted of any note or other
obligation, or if payment was made in installments describe the arrangement and
state when the note or other obligation was discharged in full or the last
installment paid.
TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold during
the past 3 months by the person for whose account the securities are to be sold.
Amount of
Name and Address of Seller Title of Securities Sold Date of Sale Securities Sold Gross Proceeds
-------------------------- ------------------------- ------------ ---------------- --------------
The Salaried Employees The Eastern Company 2/8/2007 28,000 Shares $ 742,504
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/6/2007 20,300 Shares $ 537,623
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/7/2007 4,200 Shares $ 111,569
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/8/2007 3,100 Shares $ 82,071
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/9/2007 2,500 Shares $ 66,373
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/12/2007 16,200 Shares $ 452,224
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/13/2007 41,000 Shares $1,150,721
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/14/2007 3,100 Shares $ 85,885
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/15/2007 200 Shares $ 5,505
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/23/2007 4,400 Shares $ 121,506
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/26/2007 3,700 Shares $ 102,754
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/27/2007 300 Shares $ 8,256
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/28/2007 1,900 Shares $ 52,281
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/29/2007 800 Shares $ 21,999
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 3/30/2007 1,400 Shares $ 38,461
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 4/03/2007 8,000 Shares $ 220,738
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 4/04/2007 5,123 Shares $ 141,930
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 4/05/2007 3,977 Shares $ 110,189
Retirement Plan of the Common Stock
Eastern Company Trust
The Salaried Employees The Eastern Company 4/09/2007 3,000 Shares $ 83,202
Retirement Plan of the Common Stock
Eastern Company Trust
REMARKS:
None
INSTRUCTIONS:
See the definition of "person" in paragraph (a) of Rule 144. Information is to
be given not only as to the person for whose account the securities are to be
sold but also as to sales by all persons whose sales are required by paragraph
(e) of Rule 144 to be aggregated with sales for the account of the person filing
this notice.
ATTENTION:
The person for whose account the securities to which this notice relates are to
sold hereby represents by signing this notice that he does not know any material
adverse information in regard to the current and prospective operations of the
Issuer of the securities to be sold which have not been publicly disclosed.
05/07/07 /s/Leonard F. Leganza
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(DATE OF NOTICE) (SIGNATURE)
The notice shall be signed by the person for whose account the securities are to
be sold. At least one copy of the notice shall be manually signed.
Any copies not manually signed shall bear typed or printed signatures.
ATTENTION: Intentional misstatements or omission of facts constitute Federal
Criminal Violations (See 18 U.S.C. 1001).