Form 4 for SHBI SHORE BANCSHARES INC
Accepted 2024-07-02 00:00:00 ET · period of report 2024-07-01 · accession 0001628280-24-030743 · 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 | 2024-07-02 | 2024-07-01 | SHBI | STEVENS DONNA J. | EVP, COO | M - OptEx | — | +1,971 | 16.8K | +13% | — |
| D | 2024-07-02 | 2024-07-01 | SHBI | STEVENS DONNA J. | EVP, COO | M - OptEx | $0.00 | -1,971 | 6,056 | -25% | $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 | 2024-07-01 | M | A | 1,971 | — | 16,811 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F3) Reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11. (F2) Includes 1,371 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of May 10, 2024 |
| 2 | Derivative | Restricted Stock Units | 2024-07-01 | M | D | 1,971 | $0.00 | 6,056 | D | — · — to — | 1,971 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. (F5) Restricted stock units vested July 1, 2024. (F6) The restricted stock units vest as follows: 1,971 units on July 1, 2025; 1,361 units on March 7, 2025; 1,362 units on March 7, 2026; and 1,362 units on March 7, 2027. |