Home/Filings/4/0001628280-24-009937
4//SEC Filing

Lombardi Christy 4

Accession 0001628280-24-009937

CIK 0001035092other

Filed

Mar 7, 7:00 PM ET

Accepted

Mar 8, 3:56 PM ET

Size

10.6 KB

Accession

0001628280-24-009937

Insider Transaction Report

Form 4
Period: 2024-03-06
Lombardi Christy
EVP, Chief Human Resources Ofc
Transactions
  • Exercise/Conversion

    Common Stock

    2024-03-06+33831,368 total
  • Award

    Restricted Stock Units

    2024-03-07+3,97529,579 total
    Common Stock (3,975 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2024-03-0633825,604 total
    Common Stock (338 underlying)
Holdings
  • Common Stock

    (indirect: By ESOP)
    6,555
Footnotes (7)
  • [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 March 6, 2024
  • [F5]The restricted stock units vest as follows: 329 units on February 10, 2025; 340 units on March 6, 2025; 340 units on March 6, 2026; 985 units on December 31, 2024; 1,020 units on December 31, 2025; 11,295 units on July 1, 2024; and 11,295 units on July 1, 2025.
  • [F6]Represents restricted stock units that vest in 3 annual installments beginning on March 7, 2025, the first anniversary of the date of the award.
  • [F7]The restricted stock units vest as follows: 329 units on February 10, 2025; 340 units on March 6, 2025; 340 units on March 6, 2026; 985 units on December 31, 2024; 1,020 units on December 31, 2025; 11,295 units on July 1, 2024; 11,295 units on July 1, 2025; 1,325 units on March 7, 2025; 1,325 units on March 7, 2026; and 1,325 units on March 7, 2027.

Issuer

SHORE BANCSHARES INC

CIK 0001035092

Entity typeother

Related Parties

1
  • filerCIK 0001632019

Filing Metadata

Form type
4
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 3:56 PM ET
Size
10.6 KB