Joseph J. O'Brien Jr - Mar 13, 2024 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role: Executive Vice President
Signature: /s/ Janet VA Replogle, attorney-in-fact for Mr. O'Brien
Stock symbol: SASR
Transactions as of: Mar 13, 2024
Transactions value $: -$43,576
Form type: 4
Date filed: 3/15/2024, 02:17 PM
Previous filing: Dec 6, 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	+9.07K		$0.00	9.07K	Mar 13, 2024	Direct	F1
transaction	SASR	Common Stock	Award	$0	+6.54K	+10.86%	$0.00	66.8K	Mar 13, 2024	Direct	F2
transaction	SASR	Common Stock	Tax liability	-$43.6K	-1.97K	-2.95%	$22.12	64.8K	Mar 13, 2024	Direct	F3
holding	SASR	Common Stock						5.99K	Mar 13, 2024	401(k)
holding	SASR	Common Stock						1.54K	Mar 13, 2024	Direct	F4
holding	SASR	Common Stock						2.76K	Mar 13, 2024	Direct	F5
holding	SASR	Common Stock						7.06K	Mar 13, 2024	Direct	F6

Showing 1 to 7 of 7 entries

* 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	Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.
F5	Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F6	Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.