Form 4 for SHBI SHORE BANCSHARES INC
Accepted 2024-07-02 00:00:00 ET · period of report 2024-07-01 · accession 0001628280-24-030751 · 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 | Ebron Brian Scot | EVP, Chief Banking Off | M - OptEx | — | +1,562 | 17.6K | +10% | — |
| D | 2024-07-02 | 2024-07-01 | SHBI | Ebron Brian Scot | EVP, Chief Banking Off | M - OptEx | $0.00 | -1,562 | 8,445 | -16% | $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 | 1,562 | — | 17,584 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) Includes 632 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 | 1,562 | $0.00 | 8,445 | D | — · — to — | 1,562 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. (F4) Restricted stock units vested July 1, 2024. (F5) The restricted stock units vest as follows: 272 units on February 10, 2025; 298 units on March 6, 2025; 298 units on March 6, 2026; 815 units on February 10, 2025; 894 units on March 6, 2026; 1,562 units on July 1, 2025; 1,435 units on March 7, 2025; 1,435 units on March 7, 2026; and 1,436 units on March 7, 2027. |