William David Morse - 01 Jul 2023 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
EVP/General Counsel of Shore United Bank
Signature
/s/ William David Morse
Issuer symbol
SHBI
Transactions as of
01 Jul 2023
Net transactions value
$0
Form type
4
Filing time
05 Jul 2023, 18:50:15 UTC
Previous filing
16 Sep 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SHBI Restricted Stock Units Award $0 +1,817 $0.000000 1,817 01 Jul 2023 Common Stock 1,817 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William David Morse is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F2 The restricted stock units vest in two equal annual instalments beginning July 1, 2024.

Remarks:

EVP/General Counsel of Shore United Bank