Sanders Edward Lawrence III 4
4 · SHORE BANCSHARES INC · Filed Oct 2, 2023
Insider Transaction Report
Form 4
Sanders Edward Lawrence III
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-09-28−692→ 0 total→ Common Stock (692 underlying) - Exercise/Conversion
Common Stock
2023-09-28+692→ 61,150 total
Holdings
- 9,510(indirect: By IRA)
Common Stock
- 5,386(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]The amount held reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under the Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11.
- [F3]Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
- [F4]Restricted stock units vested on September 28, 2023.