Kenneth C. Cook - Apr 1, 2024 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
Director
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Cook
Stock symbol
SASR
Transactions as of
Apr 1, 2024
Transactions value $
-$6,838
Form type
4
Date filed
4/2/2024, 05:52 PM
Previous filing
Mar 15, 2024
Next filing
May 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability -$6.84K -295 -4.49% $23.18 6.28K Apr 1, 2024 Direct F1
holding SASR Common Stock 280K Apr 1, 2024 Direct
holding SASR Common Stock 958 Apr 1, 2024 Direct F2
holding SASR Common Stock 2.25K Apr 1, 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SASR Stock Options (Right to Buy) 35.8K Apr 1, 2024 Common Stock 35.8K $14.77 Direct
holding SASR Stock Options (Right to Buy) 7.47K Apr 1, 2024 Common Stock 7.47K $14.77 Direct
holding SASR Stock Options (Right to Buy) 10.1K Apr 1, 2024 Common Stock 10.1K $16.20 Direct
* 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 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 granted under the 2015 Omnibus Incentive Plan will vest entirely on May 24, 2024.