Gary John Fernandes - Mar 16, 2022 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Human Resources Off
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Fernandes
Stock symbol
SASR
Transactions as of
Mar 16, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 05:14 PM
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Award $0 +1.46K $0.00 1.46K Mar 16, 2022 Direct F1
holding SASR Common Stock 1.34K Mar 16, 2022 Direct
holding SASR Common Stock 1.23K Mar 16, 2022 Direct F2
holding SASR Common Stock 54 Mar 16, 2022 Direct F3
holding SASR Common Stock 127 Mar 16, 2022 Direct F4
holding SASR Common Stock 429 Mar 16, 2022 Direct F5
holding SASR Common Stock 3.64K Mar 16, 2022 Direct F6
holding SASR Common Stock 1.28K Mar 16, 2022 Direct F7

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
holding SASR Stock Options (Right to Buy) 368 Mar 16, 2022 Common Stock 368 $42.48 Direct
holding SASR Stock Options (Right to Buy) 443 Mar 16, 2022 Common Stock 443 $38.15 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F2 Shares purchased through the Employee Stock Purchase Plan.
F3 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning April 1, 2018.
F4 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 1, 2019.
F5 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 1, 2020.
F6 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 1, 2021.
F7 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.