David S. Jones - Oct 31, 2021 Form 4/A Insider Report for SHORE BANCSHARES INC (SHBI)

Role
Director
Signature
/s/ Christy Lombardi, Attorney in Fact for David S. Jones
Stock symbol
SHBI
Transactions as of
Oct 31, 2021
Transactions value $
$0
Form type
4/A
Date filed
6/3/2024, 09:13 PM
Date Of Original Report
Nov 2, 2021
Previous filing
Oct 8, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Award +9.28K 9.28K Oct 31, 2021 By Company Jones of Annapolis, Inc. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for 14,950 shares of Severn Bancorp, Inc.("SVBI") common stock in connection with the merger of SVBI into the Issuer (the "Merger"). On the effective date of the Merger, the closing price of SVBI's common stock was $13.63 per share, and the closing price of the Issuer's common stock was $18.48 per share.
F2 On November 2, 2021, the reporting person filed a Form 4 which inadvertently reported 2,538 shares held by Trust and inadvertently omitted 9,279 shares held indirectly by Jones of Annapolis, Inc.

Remarks:

The reporting person does not have a reportable beneficial interest in 10,730 shares of Shore Bancshares, Inc. common stock owned by his children and previously reported as held by custodian.