Gary John Fernandes - Apr 1, 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
Apr 1, 2022
Transactions value $
-$23,897
Form type
4
Date filed
4/4/2022, 04:43 PM
Previous filing
Mar 17, 2022
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability -$23.9K -532 -18.13% $44.92 2.4K Apr 1, 2022 Direct F1
holding SASR Common Stock 1.23K Apr 1, 2022 Direct F2
holding SASR Common Stock 64 Apr 1, 2022 Direct F3
holding SASR Common Stock 286 Apr 1, 2022 Direct F4
holding SASR Common Stock 2.73K Apr 1, 2022 Direct F5
holding SASR Common Stock 853 Apr 1, 2022 Direct F6
holding SASR Common Stock 1.46K Apr 1, 2022 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Restricted Stock vested on this date were withheld for tax obligations.
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 on April 1, 2019.
F4 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 1, 2020.
F5 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 1, 2021.
F6 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.
F7 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.