Mary Todd Peterson - 28 Sep 2023 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
Director
Signature
/s/ Christy Lombardi, Attorney in Fact for Mary Todd Peterson
Issuer symbol
SHBI
Transactions as of
28 Sep 2023
Net transactions value
$0
Form type
4
Filing time
02 Oct 2023, 14:28:21 UTC
Previous filing
27 Jul 2023
Next filing
03 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Options Exercise +692 +18% 4,558 28 Sep 2023 Direct F1
holding SHBI Common Stock 19,103 28 Sep 2023 By Trust

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
transaction SHBI Restricted Stock Units Options Exercise $0 -692 -100% $0.000000* 0 28 Sep 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 Restricted stock units convert into common stock on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F3 Restricted stock units vested on September 28, 2023.