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

Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Kaslow
Issuer symbol
N/A
Transactions as of
22 Jul 2021
Net transactions value
-$37,506
Form type
4
Filing time
22 Jul 2021, 14:15:23 UTC
Next filing
16 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability $37,506 -885 -12% $42.38 6,393 22 Jul 2021 Direct
holding SASR Common Stock 2,693 22 Jul 2021 Direct F1
holding SASR Common Stock 1,989 22 Jul 2021 Direct F2
holding SASR Common Stock 2,003 22 Jul 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.