Filing Details

Accession Number:
0001127602-10-015540
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-27 13:00:00
Reporting Period:
2010-05-26
Filing Date:
2010-05-27
Accepted Time:
2010-05-27 16:02:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
824410 Sandy Spring Bancorp Inc SASR National Commercial Banks (6021) 520312970
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1337499 E Mark Friis Sandy Spring Bancorp, Inc.
17801 Georgia Avenue
Olney MD 20832
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-05-26 1,029 $14.77 3,932 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 21,300 Indirect By Trust
Common Stock 1,000 Indirect Cust for son
Common Stock 1,000 Indirect Wife Cust for Daughter
Common Stock 107 Indirect Restricted Stock
Common Stock 168 Indirect Restricted Stock
Common Stock 1,110 Indirect Restricted Stock
Common Stock 1,333 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options (Right to Buy) $38.13 2005-12-14 2012-12-14 788 788 Direct
Common Stock Stock Options (Right to Buy) $37.40 2007-12-13 2013-12-13 1,251 1,251 Direct
Common Stock Stock Options (Right to Buy) $27.96 2009-03-26 2015-03-26 1,260 1,260 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2012-12-14 788 788 Direct
2013-12-13 1,251 1,251 Direct
2015-03-26 1,260 1,260 Direct
Footnotes
  1. Purchased under the Sandy Spring Bancorp, Inc. Directors' Stock Purchase Plan.
  2. Restricted stock awarded under the 2005 Omnibus Stock Plan vests in five equal, annual installments beginning on December 13, 2007.
  3. Restricted stock awarded under the 2005 Omnibus Stock Plan vests in five equal, annual installments beginning March 26, 2009.
  4. Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments on the anniversary of the grant over three years beginning March 25, 2010.
  5. Restricted stock awarded under 2005 Omnibus Stock Plan vests in equal installments on the anniversary of the grant over three years beginning March 31, 2011.
  6. Stock options fully vested and exercisable.
  7. Stock options granted under the 2005 Omnibus Stock Plan vest in equal annual increments on the first, second, and third anniversary of the grant.