Aaron Michael Kaslow - 15 Mar 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC

Role
EVP, Gen'l Counsel & Secretary
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Kaslow
Issuer symbol
N/A
Transactions as of
15 Mar 2023
Net transactions value
-$33,920
Form type
4
Filing time
16 Mar 2023, 12:59:01 UTC
Previous filing
22 Jul 2022
Next filing
16 Mar 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 +4,699 $0.000000 4,699 15 Mar 2023 Direct F1
transaction SASR Common Stock Award $0 +3,749 $0.000000 3,749 15 Mar 2023 Direct F2
transaction SASR Common Stock Tax liability $33,920 -1,233 -33% $27.51 2,516 15 Mar 2023 Direct
holding SASR Common Stock 14,577 15 Mar 2023 Direct
holding SASR Common Stock 994 15 Mar 2023 Direct F3
holding SASR Common Stock 1,335 15 Mar 2023 Direct F4
holding SASR Common Stock 2,093 15 Mar 2023 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.
F2 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.
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.