Form 4 for SHBI SHORE BANCSHARES INC
Accepted 2025-02-12 00:00:00 ET · period of report 2025-02-10 · accession 0001628280-25-005213 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-12 | 2025-02-10 | SHBI | Pierce Lacey Amanda | EVP, Chief Administrative Ofc | M - OptEx | — | +941 | 32.5K | +3% | — |
| DM | 2025-02-12 | 2025-02-10 | SHBI | Pierce Lacey Amanda | EVP, Chief Administrative Ofc | M - OptEx | $0.00 | -941 | 5,478 | -15% | $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 | 2025-02-10 | M | A | 235 | — | 31,788 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) Includes 22,588 shares held jointly with spouse. (F4) 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. (F3) Includes 755 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 10, 2025. |
| 2 | Common | Common Stock | 2025-02-10 | M | A | 706 | — | 32,494 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) Includes 22,588 shares held jointly with spouse. (F4) 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. (F3) Includes 755 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 10, 2025. |
| 3 | Derivative | Restricted Stock Units | 2025-02-10 | M | D | 235 | $0.00 | 6,184 | D | — · — to — | 235 Common Stock | (F6) Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. (F7) Restricted stock units vested February 10, 2025 (F8) The restricted stock units vest as follows; 245 units on March 6, 2025, 984 units on March 6, 2026; 1,353 units on July 1, 2025, 965 units on March 7, 2025, 965 units on March 7, 2026 and 966 units on March 7, 2027. |
| 4 | Derivative | Restricted Stock Units | 2025-02-10 | M | D | 706 | $0.00 | 5,478 | D | — · — to — | 706 Common Stock | (F6) Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. (F7) Restricted stock units vested February 10, 2025 (F8) The restricted stock units vest as follows; 245 units on March 6, 2025, 984 units on March 6, 2026; 1,353 units on July 1, 2025, 965 units on March 7, 2025, 965 units on March 7, 2026 and 966 units on March 7, 2027. |