Kevin Slane - Apr 1, 2022 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Risk Officer
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Slane
Stock symbol
SASR
Transactions as of
Apr 1, 2022
Transactions value $
-$35,262
Form type
4
Date filed
4/4/2022, 04:48 PM
Previous filing
Mar 17, 2022
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability -$35.3K -785 -6.67% $44.92 11K Apr 1, 2022 Direct F1
holding SASR Common Stock 2.85K Apr 1, 2022 Direct
holding SASR Common Stock 914 Apr 1, 2022 Direct F2
holding SASR Common Stock 1.54K Apr 1, 2022 Direct F3
holding SASR Common Stock 2.13K Apr 1, 2022 Direct F4
* 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 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.
F4 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.