SHORE BANCSHARES INC — Director's Dealing 2021

Nov 9, 2021

SEC Form 4/A — Form 4/A

Issuer: SHORE BANCSHARES INC (SHBI)
CIK: 0001035092
Period of Report: 2021-10-31

Reporting Person: HYATT ALAN J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-31	Common Stock	A	1066970	—	Acquired	1067420	Direct
2021-10-31	Common Stock	A	388306	—	Acquired	388306	Indirect
2021-10-31	Common Stock	A	170692	—	Acquired	170692	Indirect
2021-10-31	Common Stock	A	75333	—	Acquired	75333	Indirect
2021-10-31	Common Stock	A	53749	—	Acquired	53749	Indirect
2021-10-31	Common Stock	A	7603	—	Acquired	7603	Indirect

Footnotes

F1: The original Form 4 failed to include additional shares of Severn Bancorp, Inc.("SVBI") common stock converted in connection with the merger of SVBI into the Issuer (the "Merger").

F2: Received in exchange for a total of 1,718,979 shares of SVBI common stock in connection with the Merger. On the effective date of the Merger, the closing price of SVBI's common stock was $13.63 per share, and the closing price of the Issuer's common stock was $18.48 per share.

F3: Includes 853,191 shares jointly owned by Alan J. Hyatt and his spouse Sharon G. Hyatt.

F4: Received in exchange for 625,594 shares of SVBI common stock in connection with the Merger. On the effective date of the Merger, the closing price of SVBI's common stock was $13.63 per share, and the closing price of the Issuer's common stock was $18.48 per share.

F5: Shares are held in the Frances G. Hyatt State Exempt Marital Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.

F6: Received in exchange for 275,000 shares of SVBI common stock in connection with the Merger. On the effective date of the Merger, the closing price of SVBI's common stock was $13.63 per share, and the closing price of the Issuer's common stock was $18.48 per share.

F7: Shares are held in the Frances G. Hyatt Residuary Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.

F8: Received in exchange for 121,368 shares of SVBI common stock in connection with the Merger. On the effective date of the Merger, the closing price of SVBI's common stock was $13.63 per share, and the closing price of the Issuer's common stock was $18.48 per share.

F9: Shares are held in the Louis Hyatt Revocable Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.

F10: Received in exchange for 86,595 shares of SVBI common stock in connection with the Merger. On the effective date of the Merger, the closing price of SVBI's common stock was $13.63 per share, and the closing price of the Issuer's common stock was $18.48 per share.

F11: Shares are held in the Frances G. Hyatt Fed GST EX MED Trust, of which the reporting person is a co-trustee and disclaims ownership except to the extent of his pecuniary interest.

F12: Received in exchange for 12,250 shares of SVBI common stock in connection with the Merger. On the effective date of the Merger, the closing price of SVBI's common stock was $13.63 per share, and the closing price of the Issuer's common stock was $18.48 per share.

F13: Shares are held in the Crownsville Family Limited Partnership, of which the reporting person is the general partner and disclaims ownership except to the extent of his pecuniary interest.