SEC Form 4 · accession 0001127602-15-012919
SANDY SPRING BANCORP INC · SASR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronda M McDowell
Officer — EVP, Chief Credit Officer
Period of report
Mar 28, 2015
Accepted (ET)
Mar 31, 2015 · 4:49 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 28, 2015 | F | 57 | $25.81 | D | 274 | D | |
| Common StockF2 | Mar 30, 2015 | F | 59 | $26.25 | D | 155 | D | |
| Common Stock | holding | — | — | — | 1,860 | D | ||
| Common StockF3 | holding | — | — | — | 158 | D | ||
| Common StockF4 | holding | — | — | — | 439 | D | ||
| Common StockF5 | holding | — | — | — | 1,899 | D | ||
| Common StockF6 | holding | — | — | — | 3,139 | 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)F7 | $15.00 | holding | — | — | — | Mar 31, 2011 | Mar 31, 2017 | Common Stock | 1,781 | 1,781 | D |
| Stock Options (Right to Buy)F7 | $18.69 | holding | — | — | — | Mar 30, 2012 | Mar 30, 2018 | Common Stock | 1,872 | 1,872 | D |
| Stock Options (Right to Buy)F7 | $19.02 | holding | — | — | — | Mar 28, 2013 | Mar 28, 2019 | Common Stock | 744 | 744 | D |
| Stock Options (Right to Buy)F8 | $20.26 | holding | — | — | — | Apr 1, 2014 | Mar 27, 2020 | Common Stock | 597 | 597 | D |
Explanation of responses
- F1Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments on the anniversary of the grant over five years beginning March 28, 2013.
- F2Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments on the anniversary of the grant over five years beginning March 30, 2012.
- F3Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments on the anniversary of the grant over five years beginning March 31, 2011.
- F4Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments annually over five years beginning April 1, 2014.
- F5Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments annually over five years beginning April 1, 2015.
- F6Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments annually over five years beginning April 1, 2016.
- F7Stock options fully vested and exercisable.
- F8Stock options granted under the 2005 Omnibus Stock Plan vest in three equal, annual increments beginning on April 1, 2014.