Ruch, Jr. Charles E. 4
4 · SHORE BANCSHARES INC · Filed Jul 2, 2024
Insider Transaction Report
Form 4
Ruch, Jr. Charles E.
EVP, Chief Credit Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-07-01−1,081→ 4,394 total→ Common Stock (1,081 underlying) - Exercise/Conversion
Common Stock
2024-07-01+1,081→ 4,113 total
Footnotes (4)
- [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 July 1, 2024.
- [F4]The restricted stock units vest as follows; 1,082 units on 7/1/2025; 1,104 units on March 7, 2025; 1,104 units on March 7, 2026; and 1,104 units on March 7, 2027.