Aaron Michael Kaslow - 01 Apr 2022 Form 4 Insider Report for SANDY SPRING BANCORP INC

Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Kaslow
Issuer symbol
N/A
Transactions as of
01 Apr 2022
Net transactions value
-$24,571
Form type
4
Filing time
04 Apr 2022, 16:50:22 UTC
Previous filing
17 Mar 2022
Next filing
22 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability $24,571 -547 -5.2% $44.92 9,911 01 Apr 2022 Direct F1
holding SASR Common Stock 2,693 01 Apr 2022 Direct F2
holding SASR Common Stock 994 01 Apr 2022 Direct F3
holding SASR Common Stock 1,335 01 Apr 2022 Direct F4
holding SASR Common Stock 2,093 01 Apr 2022 Direct F5
* 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 vests in equal installments annually for three years on the anniversary of the grant.
F3 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2021, April 1, 2022, and April 1 2023.
F4 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.
F5 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.