DANIEL J. SCHRIDER - 15 Mar 2023 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
President & CEO
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Schrider
Issuer symbol
SASR
Transactions as of
15 Mar 2023
Transactions value $
$-226,765
Form type
4
Filing time
16 Mar 2023, 14:18:23 UTC
Previous filing
25 Apr 2022
Next filing
23 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 Award $0 +14,313 $0.000000 14,313 15 Mar 2023 Direct F1
transaction SASR Common Stock Award $0 +16,065 $0.000000 16,065 15 Mar 2023 Direct
transaction SASR Common Stock Tax liability $-226,765 -8,243 -51.3% $27.51 7,822 15 Mar 2023 Direct
holding SASR Common Stock 6,671 15 Mar 2023 401(k) Plan
holding SASR Common Stock 101,159 15 Mar 2023 Direct
holding SASR Common Stock 1,565 15 Mar 2023 Direct F2
holding SASR Common Stock 4,262 15 Mar 2023 Direct F3
holding SASR Common Stock 6,086 15 Mar 2023 Direct F4
holding SASR Common Stock 9,364 15 Mar 2023 Direct F5
* 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, 2024, April 1, 2025, and April 1 2026.
F2 Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning on April 25, 2019.
F3 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2021, April 1, 2022, and April 1 2023.
F4 Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024.
F5 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.