Kenneth C. Cook - Sep 12, 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: Sep 12, 2023
Transactions value $: $65,037
Form type: 4
Date filed: 9/13/2023, 03:21 PM
Previous filing: Aug 2, 2023
Next filing: Feb 5, 2024
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	$65K	+5.93K	+2.25%	$10.96	270K	Sep 12, 2023	Direct
holding	SASR	Common Stock						2.72K	Sep 12, 2023	Direct
holding	SASR	Common Stock						1.92K	Sep 12, 2023	Direct	F1
holding	SASR	Common Stock						2.25K	Sep 12, 2023	Direct	F2

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	-5.93K	-100%	$0.00^*	0	Sep 12, 2023	Common Stock	5.93K	$10.96	Direct
holding	SASR	Stock Options (Right to Buy)						7.84K	Sep 12, 2023	Common Stock	7.84K	$10.96	Direct
holding	SASR	Stock Options (Right to Buy)						10.1K	Sep 12, 2023	Common Stock	10.1K	$16.20	Direct
holding	SASR	Stock Options (Right to Buy)						7.47K	Sep 12, 2023	Common Stock	7.47K	$14.77	Direct
holding	SASR	Stock Options (Right to Buy)						35.8K	Sep 12, 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.
F2	Restricted stock units granted under the 2015 Omnibus Incentive Plan will vest entirely on May 24, 2024.