Vance Adkins - Oct 31, 2021 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
EVP/Treasurer
Signature
/s/ Edward C. Allen/POA
Stock symbol
SHBI
Transactions as of
Oct 31, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 05:24 PM
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Award +1.18K 1.18K Oct 31, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for 1,909 shares of Severn Bancorp, Inc.("SVBI") common stock in connection with the merger of SVBI into the Issuer (the "Merger"). On the effective date of the Merger, the closing price of SVBI's common stock was $13.63 per share, and the closing price of the Issuer's common stock was $18.48 per share.