Form 4 for SHBI SHORE BANCSHARES INC
Accepted 2024-02-05 00:00:00 ET · period of report 2024-02-04 · accession 0001628280-24-003185 · 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 | 2024-02-05 | 2024-02-04 | SHBI | Burke James M | Pres, CEO, Dir | M - OptEx | — | +3,798 | 59.7K | +7% | — |
| D | 2024-02-05 | 2024-02-04 | SHBI | Burke James M | Pres, CEO, Dir | M - OptEx | $0.00 | -3,798 | 25.8K | -13% | $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 | 2024-02-04 | M | A | 3,798 | — | 59,692 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) The number of shares held directly includes certain shares that were previously held by restricted stock which have subsequently vested. |
| 2 | Derivative | Restricted Stock Units | 2024-02-04 | M | D | 3,798 | $0.00 | 25,776 | D | — · — to — | 3,798 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. (F4) Restricted stock units vested February 4, 2024 (F5) The restricted stock units vest as follows: 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, 1,565 on March 6, 2026, 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. |