Philip J. Mantua - Apr 25, 2022 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Financial Officer
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Mantua
Stock symbol
SASR
Transactions as of
Apr 25, 2022
Transactions value $
-$8,154
Form type
4
Date filed
4/25/2022, 01:37 PM
Previous filing
Apr 4, 2022
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability -$8.15K -194 -0.41% $42.03 46.7K Apr 25, 2022 Direct F1
holding SASR Common Stock 11.5K Apr 25, 2022 401(k) Plan
holding SASR Common Stock 581 Apr 25, 2022 Direct F2
holding SASR Common Stock 1.67K Apr 25, 2022 Direct F3
holding SASR Common Stock 2.27K Apr 25, 2022 Direct F4
holding SASR Common Stock 3.15K Apr 25, 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 are net of shares withheld for tax purposes.
F2 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 25, 2019.
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 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.