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: HYATT ALAN J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-31	Common Stock	A	944523	—	Acquired	944973	Direct
2021-10-31	Common Stock	A	4802	—	Acquired	4802	Indirect

Footnotes

F1: Received in exchange for 1,521,707 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. This number includes shares previously held in the SVBI ESOP.

F2: Received in exchange for 7,730 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.