Michael Brian Adams - 25 Jul 2023 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
Director
Signature
/s/ Christy Lombardi, Attorney in Fact for Michael Brian Adams
Issuer symbol
SHBI
Transactions as of
25 Jul 2023
Net transactions value
$0
Form type
4
Filing time
27 Jul 2023, 14:08:00 UTC
Previous filing
03 Jul 2023
Next filing
02 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Award $0 +2,127 +8.2% $0.000000 28,184 25 Jul 2023 Direct F1
holding SHBI Common Stock 7,374 25 Jul 2023 By Roth IRA

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 SHBI Restricted Stock Units 692 25 Jul 2023 Common Stock 692 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock that vests on July 25, 2024, the first anniversary of the date of the award.
F2 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F3 The restricted stock units vest on September 28, 2023.