Gary John Fernandes - Mar 13, 2024 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Human Resources Off
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Fernandes
Stock symbol
SASR
Transactions as of
Mar 13, 2024
Transactions value $
-$10,883
Form type
4
Date filed
3/15/2024, 01:51 PM
Previous filing
Apr 4, 2023
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Award $0 +3.21K $0.00 3.21K Mar 13, 2024 Direct F1
transaction SASR Common Stock Award $0 +1.36K +35.31% $0.00 5.22K Mar 13, 2024 Direct F2
transaction SASR Common Stock Tax liability -$10.9K -492 -9.43% $22.12 4.72K Mar 13, 2024 Direct F3
holding SASR Common Stock 1.91K Mar 13, 2024 Direct F4
holding SASR Common Stock 143 Mar 13, 2024 Direct F5
holding SASR Common Stock 1.82K Mar 13, 2024 Direct F6
holding SASR Common Stock 426 Mar 13, 2024 Direct F7
holding SASR Common Stock 975 Mar 13, 2024 Direct F8
holding SASR Common Stock 2.58K Mar 13, 2024 Direct F9
* 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, 2025, April 1, 2026, and April 1 2027.
F2 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.
F3 Shares of Restricted Stock vested on this date were withheld for tax obligations.
F4 Shares purchased through the Employee Stock Purchase Plan.
F5 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 1, 2020.
F6 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 1, 2021.
F7 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.
F8 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F9 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.