4//SEC Filing
FRIIS MARK E 4
Accession 0001337499-25-000004
CIK 0000824410other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 3:39 PM ET
Size
8.3 KB
Accession
0001337499-25-000004
Insider Transaction Report
Form 4
Friis Mark E
Director
Transactions
- Disposition to Issuer
Common Stock
2025-04-01−30,782→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2025-04-01−2,078→ 0 total - Disposition to Issuer
Common Stock
2025-04-01−19,164.6→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of October 21, 2024, by and between Sandy Spring Bancorp, Inc. ("Sandy Spring") and Atlantic Union Bankshares Corporation ("AUB") (the "Merger Agreement"), including in respect of shares underlying, as applicable, SASR RSU Awards as defined in the Merger Agreement. Sandy Spring merged with and into AUB, with AUB continuing as the surviving entity. At the Effective Time of the Merger (as defined in the Merger Agreement), each share of Sandy Spring common stock issued and outstanding immediately prior to such time, and each share of Sandy Spring common stock underlying the reporting person's SASR RSU Awards, was converted into the right to receive 0.900 shares of AUB common stock, and, if applicable, cash in lieu of fractional shares. On March 31, 2025, the closing price of Sandy Spring's common stock was $27.95 per share and the closing price of AUB's common stock was $31.14 per share.
Documents
Issuer
SANDY SPRING BANCORP INC
CIK 0000824410
Entity typeother
Related Parties
1- filerCIK 0001337499
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 3:39 PM ET
- Size
- 8.3 KB