SEC Form 4 · accession 0001127602-15-012094
SANDY SPRING BANCORP INC · SASR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Orndorff Jr.
Director
Period of report
Mar 18, 2015
Accepted (ET)
Mar 19, 2015 · 5:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000824410
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 18, 2015 | A | 954 | $0.00 | A | 954 | D | |
| Common Stock | holding | — | — | — | 149,893 | D | ||
| Common Stock | holding | — | — | — | 11,626 | D | ||
| Common StockF2 | holding | — | — | — | 438 | D | ||
| Common StockF3 | holding | — | — | — | 822 | D | ||
| Common StockF4 | holding | — | — | — | 1,010 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F5 | $27.96 | holding | — | — | — | Mar 26, 2009 | Mar 26, 2015 | Common Stock | 1,260 | 1,260 | D |
Explanation of responses
- F1Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments annually for three years beginning April 1, 2016.
- F2Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments on the anniversary of the grant over three years beginning March 28, 2013.
- F3Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments annually for three years beginning April 1, 2014.
- F4Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments annually for three years beginning April 1, 2015.
- F5Stock options fully vested and exercisable.