Form 4 for SHBI SHORE BANCSHARES INC
Accepted 2023-08-22 00:00:00 ET · period of report 2023-08-20 · accession 0001628280-23-030293 · 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 | Lombardi Christy | CHRO | M - OptEx | — | +533 | 27.1K | +2% | — |
| D | 2023-08-22 | 2023-08-20 | SHBI | Lombardi Christy | CHRO | M - OptEx | $0.00 | -533 | 29.0K | -2% | $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 | 533 | — | 27,122 | 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 | 533 | $0.00 | 28,967 | D | — · — to — | 533 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: 582 units on December 17, 2023, 529 units on February 4, 2024, 328 units on February 10, 2024, 329 units on February 10, 2025, 338 units on March 6, 2024, 340 units on March 6, 2025, 340 units on March 6, 2026, 1,586 units on December 31, 2023, 985 units on December 31, 2024, 1,020 units on December 31, 2025, 11,295 units on July 1, 2024 and 11,295 units on July 1, 2025. |