Kenneth C. Cook - Oct 26, 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
Oct 26, 2021
Transactions value $
-$513,348
Form type
4
Date filed
10/28/2021, 02:18 PM
Previous filing
Aug 23, 2021
Next filing
Nov 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Sale -$652K -13.5K -5.93% $48.27 214K Oct 26, 2021 Direct
transaction SASR Common Stock Options Exercise $138K +13.5K +6.3% $10.24 228K Oct 26, 2021 Direct
holding SASR Common Stock 1.63K Oct 26, 2021 Direct
holding SASR Common Stock 3.13K Oct 26, 2021 Direct F1
holding SASR Common Stock 3.14K Oct 26, 2021 Direct F2

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 -13.5K -70.94% $0.00 5.53K Oct 26, 2021 Common Stock 13.5K $10.24 Direct
holding SASR Stock Options (Right to Buy) 47.9K Oct 26, 2021 Common Stock 47.9K $10.96 Direct
holding SASR Stock Options (Right to Buy) 10.1K Oct 26, 2021 Common Stock 10.1K $16.20 Direct
holding SASR Stock Options (Right to Buy) 7.84K Oct 26, 2021 Common Stock 7.84K $10.96 Direct
holding SASR Stock Options (Right to Buy) 7.47K Oct 26, 2021 Common Stock 7.47K $14.77 Direct
holding SASR Stock Options (Right to Buy) 35.8K Oct 26, 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 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2021, April 1, 2022, and April 1 2023.
F2 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.