R. CACERES - 01 Apr 2024 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
EVP, Chief Wealth Officer
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Caceres
Issuer symbol
SASR
Transactions as of
01 Apr 2024
Net transactions value
-$27,839
Form type
4
Filing time
02 Apr 2024, 17:54:07 UTC
Previous filing
15 Mar 2024
Next filing
13 Nov 2024
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 $27,839 -1,201 -2.3% $23.18 51,608 01 Apr 2024 Direct F1
holding SASR Common Stock 1,014 01 Apr 2024 Direct F2
holding SASR Common Stock 3,500 01 Apr 2024 Direct F3
holding SASR Common Stock 6,759 01 Apr 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of vested restricted stock withheld for tax obligations.
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 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.
F4 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2025, April 1, 2026, and April 1 2027.