Kenneth C. Cook - 26 Oct 2021 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Division President
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Cook
Issuer symbol
SASR
Transactions as of
26 Oct 2021
Net transactions value
-$513,348
Form type
4
Filing time
28 Oct 2021, 14:18:25 UTC
Previous filing
23 Aug 2021
Next filing
03 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Sale $651,588 -13,500 -5.9% $48.27 214,236 26 Oct 2021 Direct
transaction SASR Common Stock Options Exercise $138,240 +13,500 +6.3% $10.24 227,736 26 Oct 2021 Direct
holding SASR Common Stock 1,632 26 Oct 2021 Direct
holding SASR Common Stock 3,129 26 Oct 2021 Direct F1
holding SASR Common Stock 3,135 26 Oct 2021 Direct F2

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 SASR Stock Options (Right to Buy) Options Exercise $0 -13,500 -71% $0.000000 5,531 26 Oct 2021 Common Stock 13,500 $10.24 Direct
holding SASR Stock Options (Right to Buy) 47,867 26 Oct 2021 Common Stock 47,867 $10.96 Direct
holding SASR Stock Options (Right to Buy) 10,072 26 Oct 2021 Common Stock 10,072 $16.20 Direct
holding SASR Stock Options (Right to Buy) 7,838 26 Oct 2021 Common Stock 7,838 $10.96 Direct
holding SASR Stock Options (Right to Buy) 7,466 26 Oct 2021 Common Stock 7,466 $14.77 Direct
holding SASR Stock Options (Right to Buy) 35,784 26 Oct 2021 Common Stock 35,784 $14.77 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2021, April 1, 2022, and April 1 2023.
F2 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.