COOK KENNETH C (EVP, Division President) exercised options at SANDY SPRING BANCORP INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

COOK KENNETH C

Filed: 2/5/2024ACC: 0001127602-24-003296

InsiderCOOK KENNETH CCIK 1320274

→

IssuerSANDY SPRING BANCORP INCCIK 824410

Officer· EVP, Division President

Since Apr 2020

0.00

Net shares

Net seller

$85.9K

Total acquired

Open market trades

0B · 0S

Total transactions

7.84K acquired · 7.84K disposed

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

+7.84K

Price / share

$10.96

Trade value

$85.90K

% of position

2.9%

2/1/2024

272.35K→280.19K

Total

Net shares

+7.84K

Net value

$85.90K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/1/2024	M · Option Exercise	+7.84K	$10.96	$85.90K	2.9%	272.35K	280.19K
Total			+7.84K		$85.90K

Derivative Transactions1

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

7.84K shares

−7.84K

Strike price

10.96

Held after

0.00

Exercisable

—

2/1/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Common Stock7.84K shares	2/1/2024	M · Option Exercise	−7.84K	10.96	—	0.00

Non-Derivative Holdings (Post-Transaction)3

Common Stock

Direct

Shares owned1.92K

Common Stock

Direct

Shares owned0.00

Common Stock

Direct

Shares owned2.25K

Total

4.17K direct4.17K

Security Title	Shares Owned	Ownership Type
Common Stock	1.92K	Direct
Common Stock	0.00	Direct
Common Stock	2.25K	Direct
Total	4.17K	4.17K direct

Derivative Holdings (Post-Transaction)4

Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

35.78K

Shares owned

35.78K

Exercise price

14.77

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

7.47K

Shares owned

7.47K

Exercise price

14.77

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

0.00

Shares owned

0.00

Exercise price

10.96

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

10.07K

Shares owned

10.07K

Exercise price

16.20

Expiration

—

Exercise window

—

Total

Underlying

53.32K

Owned

53.32K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options (Right to Buy) Direct	Common Stock	14.77	—	—	35.78K	35.78K
Stock Options (Right to Buy) Direct	Common Stock	14.77	—	—	7.47K	7.47K
Stock Options (Right to Buy) Direct	Common Stock	10.96	—	—	0.00	0.00
Stock Options (Right to Buy) Direct	Common Stock	16.20	—	—	10.07K	10.07K
Total					53.32K	53.32K