DONNA J. STEVENS - 07 Mar 2024 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
Officer
Signature
/s/ Christy Lombardi, Attorney in Fact for Donna J. Stevens
Issuer symbol
SHBI
Transactions as of
07 Mar 2024
Net transactions value
$0
Form type
4
Filing time
08 Mar 2024, 16:51:46 UTC
Previous filing
05 Jul 2023
Next filing
02 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SHBI Common Stock 13,332 07 Mar 2024 Direct F1
holding SHBI Common Stock 1,500 07 Mar 2024 By IRA
holding SHBI Common Stock 60 07 Mar 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 +4,085 +104% $0.000000 8,027 07 Mar 2024 Common Stock 4,085 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.