SHORE BANCSHARES INC·4

Mar 10, 12:01 PM ET

Pierce Lacey Amanda 4

4 · SHORE BANCSHARES INC · Filed Mar 10, 2025

Insider Transaction Report

Form 4
Period: 2025-03-06
Pierce Lacey Amanda
Chief Strategy&ProjectOfficer
Transactions
  • Exercise/Conversion

    Restricted Stock Units

    2025-03-079657,164 total
    Common Stock (965 underlying)
  • Exercise/Conversion

    Common Stock

    2025-03-06+24532,992 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-03-062458,129 total
    Common Stock (245 underlying)
  • Exercise/Conversion

    Common Stock

    2025-03-07+96533,957 total
Holdings
  • Common Stock

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

    (indirect: By Spouse)
    20,848
  • Common Stock

    (indirect: By Spouse)
    4,919
Footnotes (10)
  • [F1]Restricted stock units convert into common stock on a one-for-one basis.
  • [F10]The restricted stock units vest as follows; 984 units on March 6, 2026; 1,353 units on July 1, 2025, 965 units on March 7, 2026, 966 units on March 7, 2027, 965 units on February 27, 2026, 965 units on February 27, 2027 and 966 units on February 27, 2028.
  • [F2]Includes 755 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of March 7, 2025.
  • [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]Includes 22,768 shares held jointly with spouse.
  • [F5]Includes 755 shares Mr. Pierce acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of March 7, 2025.
  • [F6]Each restricted stock unit represents a contingent right to receive one share of SBHI common stock.
  • [F7]Restricted stock units vested March 6, 2025.
  • [F8]The restricted stock units vest as follows; 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, 966 units on March 7, 2027, 965 units on February 27, 2026, 965 units on February 27, 2027 and 966 units on February 27, 2028.
  • [F9]Restricted stock units vested March 7, 2025.

Documents

3 files
  • 4
    wk-form4_1741622512.xmlPrimary

    FORM 4

  • EX-24
  • GRAPHIC
    shbipoalpierce001.jpg

    GRAPHIC