Form 4 for SHBI SHORE BANCSHARES INC
Accepted 2023-08-22 00:00:00 ET · period of report 2023-08-20 · accession 0001628280-23-030287 · 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 | Tay Tala | CRO | M - OptEx | — | +370 | 5,146 | +8% | — |
| D | 2023-08-22 | 2023-08-20 | SHBI | Tay Tala | CRO | M - OptEx | $0.00 | -370 | 7,239 | -5% | $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 | 370 | — | 5,146 | 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 | 370 | $0.00 | 7,239 | D | — · — to — | 370 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: 389 units on December 17, 2023, 370 units on February 4, 2024, 235 units on February 10, 2024, 235 units on February 10, 2025, 247 units on March 6, 2024, 247 units on March 6, 2025, 249 units on March 6, 2026, 1,111 units on December 31, 2023, 706 units on December 31, 2024, 745 units on December 31, 2025, 1,352 units on July 1, 2024 and 1,353 units on July 1, 2025. |