Philip J. Mantua - Apr 3, 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Financial Officer
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Mantua
Stock symbol
SASR
Transactions as of
Apr 3, 2023
Transactions value $
-$32,397
Form type
4
Date filed
4/4/2023, 04:52 PM
Previous filing
Mar 16, 2023
Next filing
Apr 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability -$32.4K -1.25K -2.28% $25.98 53.5K Apr 3, 2023 Direct F1
holding SASR Common Stock 12.2K Apr 3, 2023 401(k) Plan
holding SASR Common Stock 73.1 Apr 3, 2023 Direct
holding SASR Common Stock 581 Apr 3, 2023 Direct F2
holding SASR Common Stock 1.13K Apr 3, 2023 Direct F3
holding SASR Common Stock 2.03K Apr 3, 2023 Direct F4
holding SASR Common Stock 5.38K Apr 3, 2023 Direct F5
* 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 to satisfy tax obligations.
F2 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 25, 2019.
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.
F5 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.