Kenneth C. Cook - 16 Mar 2022 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
16 Mar 2022
Transactions value $
$0
Form type
4
Filing time
17 Mar 2022, 17:20:39 UTC
Previous filing
10 Nov 2021
Next filing
04 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Award $0 +2,975 $0 2,975 16 Mar 2022 Direct F1
holding SASR Common Stock 2,079 16 Mar 2022 Direct
holding SASR Common Stock 214,257 16 Mar 2022 Direct
holding SASR Common Stock 3,129 16 Mar 2022 Direct F2
holding SASR Common Stock 3,135 16 Mar 2022 Direct F3

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
holding SASR Stock Options (Right to Buy) 47,867 16 Mar 2022 Common Stock 47,867 $10.96 Direct
holding SASR Stock Options (Right to Buy) 7,838 16 Mar 2022 Common Stock 7,838 $10.96 Direct
holding SASR Stock Options (Right to Buy) 10,072 16 Mar 2022 Common Stock 10,072 $16.2 Direct
holding SASR Stock Options (Right to Buy) 7,466 16 Mar 2022 Common Stock 7,466 $14.77 Direct
holding SASR Stock Options (Right to Buy) 35,784 16 Mar 2022 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 units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F2 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2021, April 1, 2022, and April 1 2023.
F3 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.