Kenneth C. Cook - Apr 28, 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
Director
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Cook
Stock symbol
SASR
Transactions as of
Apr 28, 2023
Transactions value $
$219,200
Form type
4
Date filed
5/2/2023, 09:29 AM
Previous filing
Apr 4, 2023
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Options Exercise $219K +20K +9.15% $10.96 239K Apr 28, 2023 Direct
holding SASR Common Stock 2.72K Apr 28, 2023 Direct
holding SASR Common Stock 3.18K Apr 28, 2023 Direct
holding SASR Common Stock 1.92K Apr 28, 2023 Direct F1

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
transaction SASR Stock Options (Right to Buy) Options Exercise $0 -20K -41.78% $0.00 27.9K Apr 28, 2023 Common Stock 20K $10.96 Direct
holding SASR Stock Options (Right to Buy) 7.84K Apr 28, 2023 Common Stock 7.84K $10.96 Direct
holding SASR Stock Options (Right to Buy) 10.1K Apr 28, 2023 Common Stock 10.1K $16.20 Direct
holding SASR Stock Options (Right to Buy) 7.47K Apr 28, 2023 Common Stock 7.47K $14.77 Direct
holding SASR Stock Options (Right to Buy) 35.8K Apr 28, 2023 Common Stock 35.8K $14.77 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, 2023, April 1, 2024, and April 1 2025.