Philip J. Mantua - Apr 1, 2024 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Financial Officer
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Mantua
Stock symbol
SASR
Transactions as of
Apr 1, 2024
Transactions value $
-$28,465
Form type
4
Date filed
4/2/2024, 05:42 PM
Previous 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 -$28.5K -1.23K -1.99% $23.18 60.4K Apr 1, 2024 Direct F1
holding SASR Common Stock 12.9K Apr 1, 2024 401(k) Plan
holding SASR Common Stock 253 Apr 1, 2024 Direct
holding SASR Common Stock 1.01K Apr 1, 2024 Direct F2
holding SASR Common Stock 3.46K Apr 1, 2024 Direct F3
holding SASR Common Stock 6.69K Apr 1, 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vested on this date were withheld to satisfy tax obligations.
F2 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F3 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.
F4 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2025, April 1, 2026, and April 1 2027.