SHORE BANCSHARES INC·4

Feb 12, 5:44 PM ET

Pierce Lacey Amanda 4

4 · SHORE BANCSHARES INC · Filed Feb 12, 2025

Insider Transaction Report

Form 4
Period: 2025-02-10
Pierce Lacey Amanda
Chief Strategy&ProjectOfficer
Transactions
  • Exercise/Conversion

    Common Stock

    2025-02-10+70632,494 total
  • Exercise/Conversion

    Common Stock

    2025-02-10+23531,788 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-02-102356,184 total
    Common Stock (235 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2025-02-107065,478 total
    Common Stock (706 underlying)
Holdings
  • Common Stock

    (indirect: By ESOP)
    3,963
  • Common Stock

    (indirect: By Spouse)
    20,739
  • Common Stock

    (indirect: By Spouse)
    4,919
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.

Documents

3 files
  • 4
    wk-form4_1739400287.xmlPrimary

    FORM 4

  • EX-24
  • GRAPHIC
    shbipoalpierce001.jpg

    GRAPHIC