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
SEC: View on sec.gov

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

Showing 1 to 4 of 4 entries

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.