Kenneth C. Cook - Nov 10, 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: Nov 10, 2021
Transactions value $: -$101,746
Form type: 4
Date filed: 11/10/2021, 01:56 PM
Previous filing: Nov 3, 2021
Next filing: Mar 17, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SASR	Common Stock	Options Exercise	$25.9K	+2.53K	+1.18%	$10.24	217K	Nov 10, 2021	Direct
transaction	SASR	Common Stock	Sale	-$128K	-2.53K	-1.17%	$50.44	214K	Nov 10, 2021	Direct	F1
holding	SASR	Common Stock						1.63K	Nov 10, 2021	Direct
holding	SASR	Common Stock						3.13K	Nov 10, 2021	Direct	F2
holding	SASR	Common Stock						3.14K	Nov 10, 2021	Direct	F3

Showing 1 to 5 of 5 entries

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	-2.53K	-100%	$0.00^*	0	Nov 10, 2021	Common Stock	2.53K	$10.24	Direct
holding	SASR	Stock Options (Right to Buy)						47.9K	Nov 10, 2021	Common Stock	47.9K	$10.96	Direct
holding	SASR	Stock Options (Right to Buy)						7.84K	Nov 10, 2021	Common Stock	7.84K	$10.96	Direct
holding	SASR	Stock Options (Right to Buy)						10.1K	Nov 10, 2021	Common Stock	10.1K	$16.20	Direct
holding	SASR	Stock Options (Right to Buy)						7.47K	Nov 10, 2021	Common Stock	7.47K	$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.