Kenneth C. Cook - Mar 15, 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role: Director
Signature: /s/ Janet VA Replogle, attorney-in-fact for Mr. Cook
Stock symbol: SASR
Transactions as of: Mar 15, 2023
Transactions value $: -$74,772
Form type: 4
Date filed: 3/16/2023, 12:52 PM
Previous filing: Feb 28, 2023
Next filing: Mar 16, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SASR	Common Stock	Award	$0	+5.9K		$0.00	5.9K	Mar 15, 2023	Direct	F1
transaction	SASR	Common Stock	Tax liability	-$74.8K	-2.72K	-46.08%	$27.51	3.18K	Mar 15, 2023	Direct
holding	SASR	Common Stock						2.72K	Mar 15, 2023	Direct
holding	SASR	Common Stock						221K	Mar 15, 2023	Direct
holding	SASR	Common Stock						0	Mar 15, 2023	Direct	F2
holding	SASR	Common Stock						0	Mar 15, 2023	Direct	F3
holding	SASR	Common Stock						2.87K	Mar 15, 2023	Direct	F4

Showing 1 to 7 of 7 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 11, 2020, the reporting person was granted restricted stock units that vested based on certain performance criteria for the period from January 1, 2020 through December 31, 2022. Satisfaction of the performance criteria resulted in the reported shares being earned.
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.