Aaron Michael Kaslow - Jul 22, 2021 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Gen'l Counsel & Secretary
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Kaslow
Stock symbol
SASR
Transactions as of
Jul 22, 2021
Transactions value $
-$37,506
Form type
4
Date filed
7/22/2021, 02:15 PM
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability -$37.5K -885 -12.16% $42.38 6.39K Jul 22, 2021 Direct
holding SASR Common Stock 2.69K Jul 22, 2021 Direct F1
holding SASR Common Stock 1.99K Jul 22, 2021 Direct F2
holding SASR Common Stock 2K Jul 22, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for three years on the anniversary of the grant.
F2 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2021, April 1, 2022, and April 1 2023.
F3 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.