SEC Form 4 · accession 0001127602-19-006404
SANDY SPRING BANCORP INC · SASR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Louis Caceres
Officer — Executive Vice President of Bk
Period of report
Feb 13, 2019
Accepted (ET)
Feb 15, 2019 · 5:24 pm EST
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 | Feb 13, 2019 | A | 1,101 | $0.00 | A | 1,101 | D | |
| Common StockF2 | Feb 13, 2019 | F | 425 | $33.43 | D | 676 | D | |
| Common Stock | holding | — | — | — | 24,477 | D | ||
| Common StockF3 | holding | — | — | — | 978 | D | ||
| Common StockF4 | holding | — | — | — | 1,902 | D | ||
| Common StockF5 | holding | — | — | — | 2,131 | D | ||
| Common StockF6 | holding | — | — | — | 2,236 | D | ||
| Common StockF7 | holding | — | — | — | 2,849 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 16, 2016, the reporting person was granted shares of restricted stock that vested based on certain performance criteria for the period from January 1, 2016 through December 31, 2018. Satisfaction of the performance criteria resulted in the reported shares being earned.
- F2Performance-based restricted stock vested this date net of taxes.
- F3Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments annually over five years beginning April 1, 2015.
- F4Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments annually over five years beginning April 1, 2016.
- F5Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning April 1, 2017.
- F6Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years beginning April 1, 2018.
- F7Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years on the anniversary of the grant.