Gary John Fernandes - Mar 15, 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Human Resources Off
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Fernandes
Stock symbol
SASR
Transactions as of
Mar 15, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 05:14 PM
Previous filing
Apr 4, 2022
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Award $0 +2.58K $0.00 2.58K Mar 15, 2023 Direct F1
holding SASR Common Stock 3.83K Mar 15, 2023 Direct
holding SASR Common Stock 1.63K Mar 15, 2023 Direct F2
holding SASR Common Stock 143 Mar 15, 2023 Direct F3
holding SASR Common Stock 1.82K Mar 15, 2023 Direct F4
holding SASR Common Stock 426 Mar 15, 2023 Direct F5
holding SASR Common Stock 975 Mar 15, 2023 Direct F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SASR Stock Options (Right to Buy) 368 Mar 15, 2023 Common Stock 368 $42.48 Direct
holding SASR Stock Options (Right to Buy) 443 Mar 15, 2023 Common Stock 443 $38.15 Direct
* 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 Shares purchased through the Employee Stock Purchase Plan.
F3 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 1, 2020.
F4 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 1, 2021.
F5 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.
F6 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.