0001104659-23-078360.txt : 20230705
0001104659-23-078360.hdr.sgml : 20230705
20230705212552
ACCESSION NUMBER: 0001104659-23-078360
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230701
FILED AS OF DATE: 20230705
DATE AS OF CHANGE: 20230705
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McDonald Rebecca Middleton
CENTRAL INDEX KEY: 0001812715
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22345
FILM NUMBER: 231071834
MAIL ADDRESS:
STREET 1: C/O THE COMMUNITY FINANCIAL CORPORATION
STREET 2: 3035 LEONARDTOWN ROAD
CITY: WALDORF
STATE: MD
ZIP: 20601
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SHORE BANCSHARES INC
CENTRAL INDEX KEY: 0001035092
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 521974638
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 18 EAST DOVER STREET
CITY: EASTON
STATE: MD
ZIP: 21601-3013
BUSINESS PHONE: 4108221400
MAIL ADDRESS:
STREET 1: 18 EAST DOVER STREET
CITY: EASTON
STATE: MD
ZIP: 21601-3013
4
1
tm2320418-25_4seq1.xml
OWNERSHIP DOCUMENT
X0407
4
2023-07-01
0
0001035092
SHORE BANCSHARES INC
SHBI
0001812715
McDonald Rebecca Middleton
18 E DOVER STREET
EASTON
MD
21601
1
0
0
0
0
Common Stock
2023-07-01
4
A
0
52479
0
A
52479
D
Common Stock
2023-07-01
4
A
0
16300
0
A
16300
I
By Trustee for BMF Trust
Common Stock
2023-07-01
4
A
0
2619
0
A
2619
I
By Custodian for KPM
Common Stock
2023-07-01
4
A
0
13972
0
A
13972
I
By Trustee for EFD IR Trust
Restricted Stock Units
2023-07-01
4
A
0
692
0
A
Common Stock
692
692
D
On July 1, 2023, the company formerly known as The Community Financial Corporation ("TCFC") merged with and into Shore Bancshares Inc. (the "Issuer"). The indicated shares were received in exchange for 22,536 shares of TCFC in connection with merger.
At the effective time of the merger, each share of TCFC common stock issued and outstanding immediately prior to the effective time was converted into the right to receive 2.3287 of a share of the Issuer's common stock, with fractional shares settled in cash, pursuant to the Agreement and Plan of Merger, dated December 14, 2022, by and between TCFC and the Issuer.
The indicated shares were received in exchange for 7,000 shares of TCFC in connection with merger.
The indicated shares were received in exchange for 1,125 shares of TCFC in connection with merger.
The indicated shares were received in exchange for 6,000 shares of TCFC in connection with merger.
Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
The restricted stock units that vest on September 28, 2023.
The indicated RSUs were received in exchange for 297 RSUs of TCFC in connection with merger.
/s/ Christy Lombardi, Attorney in Fact for Rebecca M. McDonald
2023-07-05