Burke James M 4

4 · SHORE BANCSHARES INC · Filed Mar 8, 2024

Form 4

Period: 2024-03-06

DirectorPresident & CEO

Transactions

Exercise/Conversion
Restricted Stock Units
2024-03-06−1,563→ 23,617 total
→ Common Stock (1,563 underlying)
Award
Restricted Stock Units
2024-03-07+14,037→ 37,654 total
→ Common Stock (14,037 underlying)
Exercise/Conversion
Common Stock
2024-03-06+1,563→ 61,851 total

Holdings

Footnotes (6)

[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 March 6, 2024
[F4]The restricted stock units vest as follows: 596 units February 10, 2025; 1,564 units on March 6, 2025; 1,565 on March 6, 2026; 1,788 on December 31, 2024; 4,695 on December 31, 2025; 6,704 units on July 1, 2024; and 6,705 units on July 1, 2025.
[F5]Represents restricted stock units that vest in 3 annual installments beginning on March 7, 2025, the first anniversary of the date of the award.
[F6]The restricted stock units vest as follows: 596 units on February 10, 2025; 1,564 units on March 6, 2025; 1,565 on March 6, 2026; 1,788 on December 31, 2024; 4,695 on December 31, 2025; 6,704 units on July 1, 2024; 6,705 units on July 1, 2025; 4,679 units on March 7, 2025; 4,679 units on March 7, 2026; and 4,679 units on March 7, 2027.

Documents

3 files