Kenneth C. Cook - Feb 28, 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Cook
Stock symbol
SASR
Transactions as of
Feb 28, 2023
Transactions value $
-$60,131
Form type
4
Date filed
2/28/2023, 02:16 PM
Previous filing
Dec 20, 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 -$26.6K -804 -0.37% $33.13 217K Feb 28, 2023 Direct F3
transaction SASR Common Stock Tax liability -$33.5K -1.01K -0.46% $33.13 218K Feb 28, 2023 Direct F3
holding SASR Common Stock 2.72K Feb 28, 2023 Direct
holding SASR Common Stock 0 Feb 28, 2023 Direct F1
holding SASR Common Stock 0 Feb 28, 2023 Direct F1
holding SASR Common Stock 2.87K Feb 28, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award granted under the 2015 Omnibus Incentive Plan vested this date upon his qualified retirement under the terms of Mr. Cook's amended award agreement.
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 Shares of Restricted Stock vested on this date were withheld for tax obligations.