0001127602-23-010400.txt : 20230316 0001127602-23-010400.hdr.sgml : 20230316 20230316124636 ACCESSION NUMBER: 0001127602-23-010400 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230315 FILED AS OF DATE: 20230316 DATE AS OF CHANGE: 20230316 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CACERES R LOUIS CENTRAL INDEX KEY: 0001238404 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19065 FILM NUMBER: 23738043 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SANDY SPRING BANCORP INC CENTRAL INDEX KEY: 0000824410 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 521532952 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 17801 GEORGIA AVE CITY: OLNEY STATE: MD ZIP: 20832 BUSINESS PHONE: 3017746400 MAIL ADDRESS: STREET 1: 17801 GEORGIA AVENUE CITY: OLNEY STATE: MD ZIP: 20832 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2023-03-15 0000824410 SANDY SPRING BANCORP INC SASR 0001238404 CACERES R LOUIS SANDY SPRING BANCORP, INC. 17801 GEORGIA AVENUE OLNEY MD 20832 1 EVP, Chief Wealth Officer Common Stock 2023-03-15 4 A 0 5435 0 A 5435 D Common Stock 2023-03-15 4 A 0 5598 0 A 5598 D Common Stock 2023-03-15 4 F 0 1867 27.51 D 3731 D Common Stock 43321.4876 D Common Stock 570 D Common Stock 1485 D Common Stock 2066 D Common Stock 3043 D Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026. On March 11, 2020, the reporting person was granted restricted stock units that vested based on certain performance criteria for the period from January 1, 2020 through December 31, 2022. Satisfaction of the performance criteria resulted in the reported shares being earned. Restricted stock awarded under 2015 Omnibus Incentive Plan vests in equal installments annually for five years on the anniversary of the grant. Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2021, April 1, 2022, and April 1 2023. Restricted stock awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2022, April 1, 2023, and April 1 2024. Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025. /s/ Janet VA Replogle, attorney-in-fact for Mr. Caceres 2023-03-16