Daniel J. Schrider - Apr 25, 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Schrider
Stock symbol
SASR
Transactions as of
Apr 25, 2023
Transactions value $
-$18,879
Form type
4
Date filed
4/25/2023, 03:42 PM
Previous filing
Apr 4, 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 -$18.9K -803 -0.69% $23.51 116K Apr 25, 2023 Direct F1
holding SASR Common Stock 6.89K Apr 25, 2023 401(k) Plan
holding SASR Common Stock 3.04K Apr 25, 2023 Direct F2
holding SASR Common Stock 6.24K Apr 25, 2023 Direct F3
holding SASR Common Stock 14.3K Apr 25, 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 vested restricted stock 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.