Pierce Lacey Amanda 4
4 · SHORE BANCSHARES INC · Filed Feb 12, 2025
Insider Transaction Report
Form 4
Pierce Lacey Amanda
Chief Strategy&ProjectOfficer
Transactions
- Exercise/Conversion
Common Stock
2025-02-10+706→ 32,494 total - Exercise/Conversion
Common Stock
2025-02-10+235→ 31,788 total - Exercise/Conversion
Restricted Stock Units
2025-02-10−235→ 6,184 total→ Common Stock (235 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-10−706→ 5,478 total→ Common Stock (706 underlying)
Holdings
- 3,963(indirect: By ESOP)
Common Stock
- 20,739(indirect: By Spouse)
Common Stock
- 4,919(indirect: By Spouse)
Common Stock
Footnotes (8)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Includes 22,588 shares held jointly with spouse.
- [F3]Includes 755 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 10, 2025.
- [F4]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.
- [F5]Includes 755 shares Mr. Pierce acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 10, 2025.
- [F6]Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
- [F7]Restricted stock units vested February 10, 2025
- [F8]The restricted stock units vest as follows; 245 units on March 6, 2025, 984 units on March 6, 2026; 1,353 units on July 1, 2025, 965 units on March 7, 2025, 965 units on March 7, 2026 and 966 units on March 7, 2027.