Kevin Slane - 01 Apr 2022 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Risk Officer
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Slane
Issuer symbol
SASR
Transactions as of
01 Apr 2022
Transactions value $
$-35,262
Form type
4
Filing time
04 Apr 2022, 16:48:06 UTC
Previous filing
17 Mar 2022
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Tax liability $-35,262 -785 -6.67% $44.92 10,988 01 Apr 2022 Direct F1
holding SASR Common Stock 2,848 01 Apr 2022 Direct
holding SASR Common Stock 914 01 Apr 2022 Direct F2
holding SASR Common Stock 1,537 01 Apr 2022 Direct F3
holding SASR Common Stock 2,132 01 Apr 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Restricted Stock vested on this date were withheld for tax obligations.
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.
F4 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.