SEC Form 4 · accession 0001127602-16-048451
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
Apr 1, 2016
Accepted (ET)
Apr 4, 2016 · 4:21 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 | Apr 1, 2016 | F | 39 | $27.88 | D | 290 | D | |
| Common StockF2 | Apr 1, 2016 | F | 135 | $27.88 | D | 1,384 | D | |
| Common StockF3 | Apr 1, 2016 | F | 223 | $27.88 | D | 2,916 | D | |
| Common Stock | holding | — | — | — | 2,781 | D | ||
| Common StockF4 | holding | — | — | — | 137 | D | ||
| Common StockF5 | holding | — | — | — | 2,333 | 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)F6 | $18.69 | holding | — | — | — | Mar 30, 2012 | Mar 30, 2018 | Common Stock | 1,872 | 1,872 | D |
| Stock Options (Right to Buy)F6 | $19.02 | holding | — | — | — | Mar 28, 2013 | Mar 28, 2019 | Common Stock | 744 | 744 | D |
| Stock Options (Right to Buy)F6 | $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 annually over five years beginning April 1, 2014.
- F2Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments annually over five years beginning April 1, 2015.
- F3Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments annually over five years beginning April 1, 2016.
- F4Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments on the anniversary of the grant over five years beginning March 28, 2013.
- F5Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning April 1, 2017.
- F6Stock options fully vested and exercisable.