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

Role
EVP, Consumer Banking
Signature
/s/ Janet VA Replogle, attorney-in-fact for Ms. Pulford
Stock symbol
SASR
Transactions as of
Nov 22, 2023
Transactions value $
-$1,189
Form type
4
Date filed
11/22/2023, 11:49 AM
Previous filing
Jul 27, 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 -$1.19K -57 -3.42% $20.86 1.61K Nov 22, 2023 Direct F1, F2
holding SASR Common Stock 2.7K Nov 22, 2023 Direct
holding SASR Common Stock 10.1K Nov 22, 2023 Direct
holding SASR Common Stock 4.97K Nov 22, 2023 Direct
holding SASR Common Stock 143 Nov 22, 2023 Direct F3
holding SASR Common Stock 1.82K Nov 22, 2023 Direct F4
holding SASR Common Stock 430 Nov 22, 2023 Direct F5
holding SASR Common Stock 632 Nov 22, 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 Nov 22, 2023 Common Stock 531 $42.48 Direct
holding SASR Stock Options (Right to Buy) 627 Nov 22, 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.