Philip J. Mantua - Nov 22, 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Mantua
Stock symbol
SASR
Transactions as of
Nov 22, 2023
Transactions value $
-$3,817
Form type
4
Date filed
11/22/2023, 11:38 AM
Previous filing
Apr 25, 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 -$3.82K -183 -3.4% $20.86 5.19K Nov 22, 2023 Direct F1, F2
holding SASR Common Stock 12.2K Nov 22, 2023 401(k) Plan
holding SASR Common Stock 53.9K Nov 22, 2023 Direct
holding SASR Common Stock 73.1 Nov 22, 2023 Direct
holding SASR Common Stock 1.13K Nov 22, 2023 Direct F3
holding SASR Common Stock 2.03K Nov 22, 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs withheld for the payment of tax obligations.
F2 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.
F3 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.
F4 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.