SHORE BANCSHARES INC — Director's Dealing 2021

Nov 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Jones David S. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-31	Common Stock	A	4406	—	Acquired	4406	Direct
2021-10-31	Common Stock	A	10730	—	Acquired	10730	Indirect
2021-10-31	Common Stock	A	17192	—	Acquired	17192	Indirect
2021-10-31	Common Stock	A	2538	—	Acquired	2538	Indirect
2021-10-31	Common Stock	A	10315	—	Acquired	10315	Indirect

Footnotes

F1: Received in exchange for 7,100 shares of Severn Bancorp, Inc.("SVBI") common stock in connection with the merger of SVBI into the Issuer (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.

F2: Received in exchange for 17,287 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: Received in exchange for 27,699 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.

F4: Shares owned by Southern Drywell, Inc., of which Mr. Jones has a 50% interest as a co-owner.

F5: Received in exchange for 4,089 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.

F6: Received in exchange for 16,619 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 owned by Sonne Capital LLC, of which Mr. Jones is a 20% owner of with his sons and brother.