Kenneth C. Cook - 13 Mar 2024 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
Director
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Cook
Issuer symbol
SASR
Transactions as of
13 Mar 2024
Transactions value $
-$35,702
Form type
4
Filing time
15 Mar 2024, 13:43:54 UTC
Previous filing
05 Feb 2024
Next filing
02 Apr 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 Award $0 +4.45K +159.64% $0.00 7.23K 13 Mar 2024 Direct F1
transaction SASR Common Stock Tax liability -$35.7K -1.61K -22.32% $22.12 5.62K 13 Mar 2024 Direct F2
holding SASR Common Stock 280K 13 Mar 2024 Direct
holding SASR Common Stock 1.92K 13 Mar 2024 Direct F3
holding SASR Common Stock 2.25K 13 Mar 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 10, 2021, the reporting person was granted shares of restricted stock units subject to certain performance criteria to be achieved January 1, 2021 through December 31, 2023. The result of that award was determined and granted on March 13, 2024.
F2 Shares of Restricted Stock vested on this date were withheld for tax obligations.
F3 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F4 Restricted stock units granted under the 2015 Omnibus Incentive Plan will vest entirely on May 24, 2024.