Form 4 for SHBI SHORE BANCSHARES INC
Accepted 2023-10-02 00:00:00 ET · period of report 2023-09-28 · accession 0001628280-23-033450 · 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 | 2023-10-02 | 2023-09-28 | SHBI | Sanders Edward Lawrence III | Dir | M - OptEx | — | +692 | 61.1K | +1% | — |
| D | 2023-10-02 | 2023-09-28 | SHBI | Sanders Edward Lawrence III | Dir | M - OptEx | $0.00 | -692 | 0 | -100% | $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 | 2023-09-28 | M | A | 692 | — | 61,150 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) 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. |
| 2 | Derivative | Restricted Stock Units | 2023-09-28 | M | D | 692 | $0.00 | 0 | D | — · — to — | 692 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. (F4) Restricted stock units vested on September 28, 2023. |