Todd L. Capitani - 10 Feb 2025 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
EVP, Chief Financial Officer
Signature
/s/ Christy Lombardi, Attorney in Fact for Todd L. Capitani
Issuer symbol
SHBI
Transactions as of
10 Feb 2025
Net transactions value
$0
Form type
4
Filing time
12 Feb 2025, 17:27:46 UTC
Previous filing
02 Jul 2024
Next filing
03 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Options Exercise +329 +1% 32,546 10 Feb 2025 Direct F1, F2
transaction SHBI Common Stock Options Exercise +987 +3% 33,533 10 Feb 2025 Direct F1, F2
holding SHBI Common Stock 3,285 10 Feb 2025 By Spouse 401(k)
holding SHBI Common Stock 5,033 10 Feb 2025 By ESOP

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 -329 -2.6% $0.000000 12,198 10 Feb 2025 Common Stock 329 Direct F3, F4, F5
transaction SHBI Restricted Stock Units Options Exercise $0 -987 -8.1% $0.000000 11,211 10 Feb 2025 Common Stock 987 Direct F3, F4, F5
* 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 Includes 575 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 10, 2025.
F3 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F4 Restricted stock units vested February 10, 2025
F5 The restricted stock units vest as follows: 340 units on March 6, 2025, 342 units on March 6, 2026, 1,025 units on March 6, 2026, 5,364 units on July 1, 2025, 1,380 units on March 7, 2025, 1,380 units on March 7, 2026, and 1,380 units on March 7, 2027.