Gary John Fernandes - Apr 1, 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
Apr 1, 2024
Transactions value $
-$21,812
Form type
4
Date filed
4/2/2024, 05:49 PM
Previous filing
Mar 15, 2024
Next filing
Dec 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability -$21.8K -941 -12.47% $23.18 6.61K Apr 1, 2024 Direct F1
holding SASR Common Stock 1.91K Apr 1, 2024 Direct F2
holding SASR Common Stock 909 Apr 1, 2024 Direct F3
holding SASR Common Stock 488 Apr 1, 2024 Direct F4
holding SASR Common Stock 1.72K Apr 1, 2024 Direct F5
holding SASR Common Stock 3.21K Apr 1, 2024 Direct F6
* 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 for tax obligations.
F2 Shares purchased through the Employee Stock Purchase Plan.
F3 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 1, 2021.
F4 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F5 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.
F6 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2025, April 1, 2026, and April 1 2027.