Susan Lynne Pulford - 22 Nov 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC

Role
EVP, Consumer Banking
Signature
/s/ Janet VA Replogle, attorney-in-fact for Ms. Pulford
Issuer symbol
N/A
Transactions as of
22 Nov 2023
Net transactions value
-$1,189
Form type
4
Filing time
22 Nov 2023, 11:49:20 UTC
Previous filing
27 Jul 2023
Next filing
15 Mar 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 Tax liability $1,189 -57 -3.4% $20.86 1,612 22 Nov 2023 Direct F1, F2
holding SASR Common Stock 2,697 22 Nov 2023 Direct
holding SASR Common Stock 10,106 22 Nov 2023 Direct
holding SASR Common Stock 4,971 22 Nov 2023 Direct
holding SASR Common Stock 143 22 Nov 2023 Direct F3
holding SASR Common Stock 1,818 22 Nov 2023 Direct F4
holding SASR Common Stock 430 22 Nov 2023 Direct F5
holding SASR Common Stock 632 22 Nov 2023 Direct F6

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
holding SASR Stock Options (Right to Buy) 531 22 Nov 2023 Common Stock 531 $42.48 Direct
holding SASR Stock Options (Right to Buy) 627 22 Nov 2023 Common Stock 627 $38.15 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs withheld for 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 vests in equal installments annually for five years beginning April 1, 2020.
F4 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning April 1, 2021.
F5 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for three years beginning April 1, 2022.
F6 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.