Donna J. Stevens - Mar 7, 2024 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
Officer
Signature
/s/ Christy Lombardi, Attorney in Fact for Donna J. Stevens
Stock symbol
SHBI
Transactions as of
Mar 7, 2024
Transactions value $
$0
Form type
4
Date filed
3/8/2024, 04:51 PM
Previous filing
Jul 5, 2023
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SHBI Common Stock 13.3K Mar 7, 2024 Direct F1
holding SHBI Common Stock 1.5K Mar 7, 2024 By IRA
holding SHBI Common Stock 60 Mar 7, 2024 By Children

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 Award $0 +4.09K +103.63% $0.00 8.03K Mar 7, 2024 Common Stock 4.09K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount held reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under the Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11.
F2 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F3 Represents restricted stock units that vest in 3 annual installments beginning on March 7, 2025, the first anniversary of the date of the award.
F4 The restricted stock units vest as follows: 1,971 units on July 1, 2024; 1,971 units on July 1, 2025; 1,361 units on March 7, 2025; 1,362 units on March 7, 2026; and 1,362 units on March 7, 2027.