Kenneth C. Cook - 28 Feb 2023 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
28 Feb 2023
Transactions value $
-$60,131
Form type
4
Filing time
28 Feb 2023, 14:16:24 UTC
Previous filing
20 Dec 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 -$26,636 -804 -0.37% $33.13 216,846 28 Feb 2023 Direct F3
transaction SASR Common Stock Tax liability -$33,494 -1,011 -0.46% $33.13 217,925 28 Feb 2023 Direct F3
holding SASR Common Stock 2,715 28 Feb 2023 Direct
holding SASR Common Stock 0 28 Feb 2023 Direct F1
holding SASR Common Stock 0 28 Feb 2023 Direct F1
holding SASR Common Stock 2,874 28 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award granted under the 2015 Omnibus Incentive Plan vested this date upon his qualified retirement under the terms of Mr. Cook's amended award agreement.
F2 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F3 Shares of Restricted Stock vested on this date were withheld for tax obligations.