SHORE BANCSHARES INC·4

Mar 10, 11:54 AM ET

Lombardi Christy 4

4 · SHORE BANCSHARES INC · Filed Mar 10, 2025

Insider Transaction Report

Form 4
Period: 2025-03-06
Lombardi Christy
EVP, Chief Human Resources Ofc
Transactions
  • Exercise/Conversion

    Common Stock

    2025-03-06+34045,687 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-03-071,32519,601 total
    Common Stock (1,325 underlying)
  • Exercise/Conversion

    Common Stock

    2025-03-07+1,32547,012 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-03-0634020,926 total
    Common Stock (340 underlying)
Holdings
  • Common Stock

    (indirect: By ESOP)
    6,555
Footnotes (7)
  • [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 March 6, 2025.
  • [F5]The restricted stock units vest as follows: 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, 1,325 units on March 7, 2027, 1,432 units on February 27, 2026, 1,432 units on February 27, 2027 and 1,432 units on February 27, 2028.
  • [F6]Restricted stock units vested March 7, 2025.
  • [F7]The restricted stock units vest as follows: 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, 2026, 1,325 units on March 7, 2027, 1,432 units on February 27, 2026, 1,432 units on February 27, 2027 and 1,432 units on February 27, 2028.

Documents

1 file
  • 4
    wk-form4_1741622082.xmlPrimary

    FORM 4