Alan J. Hyatt - Feb 6, 2024 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
Director
Signature
/s/ Christy Lombardi, Attorney in Fact for Alan J. Hyatt
Stock symbol
SHBI
Transactions as of
Feb 6, 2024
Transactions value $
$0
Form type
4
Date filed
2/7/2024, 01:03 PM
Previous filing
Dec 29, 2023
Next filing
Jun 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Gift $0 -3K -0.32% $0.00 933K Feb 6, 2024 Direct F1, F2, F3
holding SHBI Common Stock 5.93K Feb 6, 2024 Spouse
holding SHBI Common Stock 388K Feb 6, 2024 By Trust I F4
holding SHBI Common Stock 171K Feb 6, 2024 By Trust II F5
holding SHBI Common Stock 75.3K Feb 6, 2024 By Trust III F6
holding SHBI Common Stock 53.7K Feb 6, 2024 By Trust IV F7
holding SHBI Common Stock 132K Feb 6, 2024 IRA
holding SHBI Common Stock 7.6K Feb 6, 2024 By Partnership F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Bonafide gift to children
F2 Includes 849,291 shares jointly owned by Alan J. Hyatt and his spouse Sharon G. Hyatt
F3 The number of shares held directly includes certain shares that were previously held by restricted stock which have subsequently vested.
F4 Shares held in the Frances G. Hyatt State Exempt Marital Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest
F5 Shares held in the Frances G. Hyatt Residuary Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.
F6 Shares are held in the Louis Hyatt Revocable Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.
F7 Shares are held in the Frances G. Hyatt Fed GST EX MED Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.
F8 Shares are held in the Crownsville Family Limited Partnership of which the reporting person is the general partner and disclaims ownership except to the extent of his pecuniary interest.