Lombardi Christy 4
4 · SHORE BANCSHARES INC · Filed Feb 12, 2025
Insider Transaction Report
Form 4
Lombardi Christy
EVP, Chief Human Resources Ofc
Transactions
- Exercise/Conversion
Common Stock
2025-02-10+329→ 44,002 total - Exercise/Conversion
Restricted Stock Units
2025-02-10−329→ 17,955 total→ Common Stock (329 underlying) - Exercise/Conversion
Common Stock
2025-02-10+985→ 44,987 total - Exercise/Conversion
Restricted Stock Units
2025-02-10−985→ 16,970 total→ Common Stock (985 underlying)
Holdings
- 6,555(indirect: By ESOP)
Common Stock
Footnotes (5)
- [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 February 10, 2025
- [F5]The restricted stock units vest as follows: 340 units on March 6, 2025, 340 units on March 6, 2026, 1,020 units on March 6, 2026, 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.