0001104659-23-078365.txt : 20230705 0001104659-23-078365.hdr.sgml : 20230705 20230705212609 ACCESSION NUMBER: 0001104659-23-078365 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: STONE JOSEPH V JR CENTRAL INDEX KEY: 0001369843 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22345 FILM NUMBER: 231071835 MAIL ADDRESS: STREET 1: C/O TRI-COUNTY 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 tm2320418-29_4seq1.xml OWNERSHIP DOCUMENT X0407 4 2023-07-01 0 0001035092 SHORE BANCSHARES INC SHBI 0001369843 STONE JOSEPH V JR 18 E DOVER STREET EASTON MD 21601 1 0 0 0 0 Common Stock 2023-07-01 4 A 0 31164 0 A 31164 D Common Stock 2023-07-01 4 A 0 11643 0 A 11643 I By IRA-SEP Common Stock 2023-07-01 4 A 0 4657 0 A 4657 I By Spouse's IRA Common Stock 2023-07-01 4 A 0 33766 0 A 33766 I By 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 13,383 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 5,000 shares of TCFC in connection with merger. The indicated shares were received in exchange for 2,000 shares of TCFC in connection with merger. The indicated shares were received in exchange for 14,500 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 Joseph V. Stone, Jr. 2023-07-05