4//SEC Filing
Tay Talal 4
Accession 0001628280-24-010024
CIK 0001035092other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 4:56 PM ET
Size
339.2 KB
Accession
0001628280-24-010024
Insider Transaction Report
Form 4
Tay Talal
EVP, Chief Risk Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-03-06−247→ 4,887 total→ Common Stock (247 underlying) - Exercise/Conversion
Common Stock
2024-03-06+247→ 7,626 total - Award
Restricted Stock Units
2024-03-07+3,588→ 8,475 total→ Common Stock (3,588 underlying)
Holdings
- 1,004(indirect: By ESOP)
Common Stock
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: 235 units on February 10, 2025, 247 units on March 6, 2025, 249 units on March 6, 2026, 706 units on December 31, 2024, 745 units on December 31, 2025, 1,352 units on July 1, 2024 and 1,353 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: 235 units on February 10, 2025, 247 units on March 6, 2025, 249 units on March 6, 2026, 706 units on December 31, 2024, 745 units on December 31, 2025, 1,352 units on July 1, 2024 and 1,353 units on July 1, 2025, 1,196 units on March 7, 2025, 1,196 units on March 7, 2026 and 1,196 units on March 7, 2027.
Issuer
SHORE BANCSHARES INC
CIK 0001035092
Entity typeother
Related Parties
1- filerCIK 0001804085
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 4:56 PM ET
- Size
- 339.2 KB