0001628280-24-009937.txt : 20240308 0001628280-24-009937.hdr.sgml : 20240308 20240308155611 ACCESSION NUMBER: 0001628280-24-009937 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240306 FILED AS OF DATE: 20240308 DATE AS OF CHANGE: 20240308 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lombardi Christy CENTRAL INDEX KEY: 0001632019 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22345 FILM NUMBER: 24734160 MAIL ADDRESS: STREET 1: 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] ORGANIZATION NAME: 02 Finance 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 wk-form4_1709931360.xml FORM 4 X0508 4 2024-03-06 0 0001035092 SHORE BANCSHARES INC SHBI 0001632019 Lombardi Christy 18 E DOVER STREET EASTON MD 21601 0 1 0 0 Chief Human Resources Officer 0 Common Stock 2024-03-06 4 M 0 338 A 31368 D Common Stock 6555 I By ESOP Restricted Stock Units 2024-03-06 4 M 0 338 0 D Common Stock 338 25604 D Restricted Stock Units 2024-03-07 4 A 0 3975 0 A Common Stock 3975 29579 D Restricted stock units convert into common stock on a one-for-one basis. The amount held reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under the Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. Restricted stock units vested March 6, 2024 The restricted stock units vest as follows: 329 units on February 10, 2025; 340 units on March 6, 2025; 340 units on March 6, 2026; 985 units on December 31, 2024; 1,020 units on December 31, 2025; 11,295 units on July 1, 2024; and 11,295 units on July 1, 2025. Represents restricted stock units that vest in 3 annual installments beginning on March 7, 2025, the first anniversary of the date of the award. The restricted stock units vest as follows: 329 units on February 10, 2025; 340 units on March 6, 2025; 340 units on March 6, 2026; 985 units on December 31, 2024; 1,020 units on December 31, 2025; 11,295 units on July 1, 2024; 11,295 units on July 1, 2025; 1,325 units on March 7, 2025; 1,325 units on March 7, 2026; and 1,325 units on March 7, 2027. /s/ Christy Lombardi 2024-03-08