Form 4 for SHBI SHORE BANCSHARES INC
Accepted 2023-08-22 00:00:00 ET · period of report 2023-08-20 · accession 0001628280-23-030285 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-08-22 | 2023-08-20 | SHBI | Burke James M | Pres, CEO, Dir | M - OptEx | — | +983 | 55.1K | +2% | — |
| D | 2023-08-22 | 2023-08-20 | SHBI | Burke James M | Pres, CEO, Dir | M - OptEx | $0.00 | -983 | 30.4K | -3% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-20 | M | A | 983 | — | 55,114 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Derivative | Restricted Stock Units | 2023-08-20 | M | D | 983 | $0.00 | 30,352 | D | — · — to — | 983 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. (F3) Restricted stock units vested August 20, 2023. (F4) The restricted stock units vest as follows: 778 units on December 17, 2023, 950 units on February 4, 2024, 596 units on each February 10, 2024 and February 10, 2025, 1,563 units on March 6, 2024, 1,564 units on March 6, 2025 and 1,565 on March 6, 2026, 2,848 on December 31, 2023, 1,788 on December 31, 2024, 4,695 on December 31, 2025, 6,704 units on July 1, 2024 and 6,705 units on July 1, 2025. |