Kenneth C. Cook - Aug 20, 2021 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Division President
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Cook
Stock symbol
SASR
Transactions as of
Aug 20, 2021
Transactions value $
-$116,870
Form type
4
Date filed
8/23/2021, 10:47 AM
Next filing
Oct 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Options Exercise $37.1K +3.63K +1.69% $10.24 218K Aug 20, 2021 Direct
transaction SASR Common Stock Sale -$154K -3.63K -1.66% $42.48 214K Aug 20, 2021 Direct F1
holding SASR Common Stock 1.63K Aug 20, 2021 Direct
holding SASR Common Stock 3.13K Aug 20, 2021 Direct F2
holding SASR Common Stock 3.14K Aug 20, 2021 Direct F3

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 SASR Stock Options (Right to Buy) Options Exercise $0 -3.63K -16% $0.00 19K Aug 20, 2021 Common Stock 3.63K $10.24 Direct
holding SASR Stock Options (Right to Buy) 47.9K Aug 20, 2021 Common Stock 47.9K $10.96 Direct
holding SASR Stock Options (Right to Buy) 7.84K Aug 20, 2021 Common Stock 7.84K $10.96 Direct
holding SASR Stock Options (Right to Buy) 10.1K Aug 20, 2021 Common Stock 10.1K $16.20 Direct
holding SASR Stock Options (Right to Buy) 7.47K Aug 20, 2021 Common Stock 7.47K $14.77 Direct
holding SASR Stock Options (Right to Buy) 35.8K Aug 20, 2021 Common Stock 35.8K $14.77 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is the weighted average price of trades occurring in a single day and within a range of $1.00. Upon request of the Commission, the Company, or a security holder of the Company, full information regarding the number of shares purchased or sold at each separate price will be provided.
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 awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.