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4//SEC Filing

Tay Talal 4

Accession 0001628280-24-030746

CIK 0001035092other

Filed

Jul 1, 8:00 PM ET

Accepted

Jul 2, 12:11 PM ET

Size

336.9 KB

Accession

0001628280-24-030746

Insider Transaction Report

Form 4
Period: 2024-07-01
Tay Talal
EVP, Chief Risk Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2024-07-01+1,35210,218 total
  • Exercise/Conversion

    Restricted Stock Units

    2024-07-011,3527,123 total
    Common Stock (1,352 underlying)
Holdings
  • Common Stock

    (indirect: By ESOP)
    1,004
Footnotes (6)
  • [F1]Restricted stock units convert into common stock on a one-for-one basis.
  • [F2]Includes 1,159 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of May 10, 2024.
  • [F3]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.
  • [F4]Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
  • [F5]Restricted stock units vested July 1, 2024.
  • [F6]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 February 10, 2025; 745 units on March 6, 2026; 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
Jul 1, 8:00 PM ET
Accepted
Jul 2, 12:11 PM ET
Size
336.9 KB