Form 4 for SHBI SHORE BANCSHARES INC

Accepted 2021-11-02 00:00:00 ET · period of report 2021-10-31 · accession 0001104659-21-133172 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2021-11-02	2021-10-31	SHBI	HYATT ALAN J	Dir	A - Grant	—	+944.5K	945.0K	+209,894%	—
I	2021-11-02	2021-10-31	SHBI	HYATT ALAN J	Dir	A - Grant	—	+4,802	4,802	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-10-31	A	A	944,523	—	944,973	D By: Spouse	—	—	(F1) Received in exchange for 1,521,707 shares of Severn Bancorp, Inc.("SVBI") common stock in connection with the merger of SVBI into the Issuer (the "Merger"). On the effective date of the Merger, the closing price of SVBI's common stock was $13.63 per share, and the closing price of the Issuer's common stock was $18.48 per share. This number includes shares previously held in the SVBI ESOP.
2	Common	Common Stock	2021-10-31	A	A	4,802	—	4,802	I	—	—	(F2) Received in exchange for 7,730 shares of SVBI common stock in connection with the Merger. On the effective date of the Merger, the closing price of SVBI's common stock was $13.63 per share, and the closing price of the Issuer's common stock was $18.48 per share.