R. Caceres - Dec 16, 2022 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Wealth Officer
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Caceres
Stock symbol
SASR
Transactions as of
Dec 16, 2022
Transactions value $
-$3,745
Form type
4
Date filed
12/20/2022, 01:03 PM
Previous filing
Apr 25, 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 -$3.75K -108 -3.43% $34.68 3.04K Dec 16, 2022 Direct F1, F2
holding SASR Common Stock 39.6K Dec 16, 2022 Direct
holding SASR Common Stock 570 Dec 16, 2022 Direct F3
holding SASR Common Stock 1.49K Dec 16, 2022 Direct F4
holding SASR Common Stock 2.07K Dec 16, 2022 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs withheld for the payment of tax obligations.
F2 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F3 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years on the anniversary of the grant.
F4 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2021, April 1, 2022, and April 1 2023.
F5 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.