Kevin Slane - Apr 3, 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Risk Officer
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Slane
Stock symbol
SASR
Transactions as of
Apr 3, 2023
Transactions value $
-$20,732
Form type
4
Date filed
4/4/2023, 04:38 PM
Previous filing
Mar 16, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability -$20.7K -798 -5.09% $25.98 14.9K Apr 3, 2023 Direct F1
holding SASR Common Stock 3.47K Apr 3, 2023 Direct
holding SASR Common Stock 769 Apr 3, 2023 Direct F2
holding SASR Common Stock 1.42K Apr 3, 2023 Direct F3
holding SASR Common Stock 4.05K Apr 3, 2023 Direct F4
* 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 were withheld for tax obligations.
F2 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.
F3 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F4 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.