Edward Lawrence Sanders III - Jul 25, 2023 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
Director
Signature
/s/ Christy Lombardi, Attorney in Fact for E. Lawrence Sanders, III
Stock symbol
SHBI
Transactions as of
Jul 25, 2023
Transactions value $
$0
Form type
4
Date filed
7/27/2023, 02:10 PM
Previous filing
Jul 3, 2023
Next filing
Oct 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Award $0 +2.13K +3.68% $0.00 60K Jul 25, 2023 Direct F1
holding SHBI Common Stock 9.51K Jul 25, 2023 By IRA
holding SHBI Common Stock 5.39K Jul 25, 2023 By Spouse's IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SHBI Restricted Stock Units 692 Jul 25, 2023 Common Stock 692 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock that vests on July 25, 2024, the first anniversary of the date of the award.
F2 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F3 The restricted stock units that vest on September 28, 2023.