Alan J. Hyatt - 31 Dec 2021 Form 5 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
Director
Signature
/s/ Edward C. Allen/POA
Issuer symbol
SHBI
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
5
Filing time
14 Feb 2022, 16:27:17 UTC
Previous filing
02 Nov 2021
Next filing
02 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Gift $0 -3,000 -0.28% $0.000000 1,066,128 17 Dec 2021 Direct F1, F2, F3, F4
transaction SHBI Common Stock Gift $0 -500 -0.05% $0.000000 1,065,628 28 Dec 2021 Direct F1, F2, F3, F4
holding SHBI Common Stock 4,802 31 Dec 2021 Spouse F5
holding SHBI Common Stock 388,306 31 Dec 2021 By Trust F6
holding SHBI Common Stock 170,692 31 Dec 2021 By Trust F7
holding SHBI Common Stock 75,333 31 Dec 2021 By Trust F8
holding SHBI Common Stock 53,749 31 Dec 2021 By Trust F9
holding SHBI Common Stock 7,603 31 Dec 2021 By Partnership F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Bonafide gift to a nonprofit organization.
F2 Include 1,341 of unvested restricted stock that will vest on 2/1/2023.
F3 Includes 94,819 shares held in the ESOP; 367 shares of which have been added since the last filing (shares have been rounded to the nearest whole share)
F4 Includes 849,691 shares jointly owned by Alan J. Hyatt and his spouse Sharon G. Hyatt.
F5 These shares erroneously excluded from the Form 4 filed February 2, 2022 due to a Scribner's error.
F6 Shares are held in the Frances G. Hyatt State Exempt Marital Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.
F7 Shares are held in the Frances G. Hyatt Residuary Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.
F8 Shares are held in the Louis Hyatt Revocable Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.
F9 Shares are held in the Frances G. Hyatt Fed GST EX MED Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.
F10 Shares are held in the Crownsville Family Limited Partnership, of which the reporting person is the general partner and disclaims ownership except to the extent of his pecuniary interest.