Kenneth C. Cook - 01 Apr 2024 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
Director
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Cook
Issuer symbol
SASR
Transactions as of
01 Apr 2024
Transactions value $
-$6,838
Form type
4
Filing time
02 Apr 2024, 17:52:12
Previous filing
15 Mar 2024
Next filing
24 May 2024
SEC
View on sec.gov

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 01 Apr 2024 Direct F1
holding SASR Common Stock 280K 01 Apr 2024 Direct
holding SASR Common Stock 958 01 Apr 2024 Direct F2
holding SASR Common Stock 2.25K 01 Apr 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 01 Apr 2024 Common Stock 35.8K $14.77 Direct
holding SASR Stock Options (Right to Buy) 7.47K 01 Apr 2024 Common Stock 7.47K $14.77 Direct
holding SASR Stock Options (Right to Buy) 10.1K 01 Apr 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.