Rebecca M. McDonald - 28 Sep 2023 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
Director
Signature
/s/ Christy Lombardi, Attorney in Fact for Rebecca M. McDonald
Issuer symbol
SHBI
Transactions as of
28 Sep 2023
Net transactions value
$0
Form type
4
Filing time
02 Oct 2023, 14:28:51 UTC
Previous filing
27 Jul 2023
Next filing
29 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Options Exercise +692 +1.3% 55,298 28 Sep 2023 Direct F1
holding SHBI Common Stock 16,300 28 Sep 2023 By Trustee for BMF Trust
holding SHBI Common Stock 13,972 28 Sep 2023 By Trustee for EFD IR Trust
holding SHBI Common Stock 2,619 28 Sep 2023 By Custodian for KPM

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
transaction SHBI Restricted Stock Units Options Exercise $0 -692 -100% $0.000000* 0 28 Sep 2023 Common Stock 692 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F3 Restricted stock units vested on September 28, 2023.