Amendment to Registration Statement No. 333-81249 filed June 22, 1999
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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Amended
Form S-8
REGISTRATION STATEMENT
Under
The Securities Act of 1933
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Sandy Spring Bancorp, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Maryland 52-1532952
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(State or Other Jurisdiction of (IRS Employer I.D. Number)
Incorporation or Organization)
17801 Georgia Avenue, Olney, Maryland 20832
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(Address of Principal Executive Offices) (Zip Code)
Sandy Spring Bancorp 1999 Option Plan
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(Full Title of Plan)
Hunter R. Hollar
Sandy Spring Bancorp, Inc.
17801 Georgia Avenue
Olney, Maryland 20832
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(Name, Address, and Telephone Number of Agent for Service)
Copies to:
James I. Lundy, III, Esquire
Noel M. Gruber, Esquire
Kennedy, Baris & Lundy, L.L.P.
Suite P-15
4701 Sangamore Road
Bethesda, Maryland 20816
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CALCULATION OF REGISTRATION FEE
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Title of Proposed Maximum Proposed Maximum Amount of
Securities to Amount to be Offering per Aggregate Registration
be Registered Registered(1) Share(2) Offering Price(2) Fee
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Common Stock, 1,000,000 30.96 $30,960,000 $2,849
$1.00 par value shares
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(1) This registration statement is filed to register 1,000,000 additional
shares of common stock pursuant to an amendment adopted by shareholders
on April 17, 2002.
(2) Based upon the average of the high and low prices of the Common Stock
reported in the consolidated reporting system on December 13, 2002, in
accordance with Rule 457(c) under the Securities Act of 1933, as
amended (the "Securities Act"), solely for purposes of calculating the
registration fee pursuant to Rule 457(h) under the Securities Act.
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INTRODUCTORY STATEMENT
This registration statement is filed for the purpose of registering
1,000,000 additional shares of common stock, $1.00 par value per share, ("Common
Stock") of Sandy Spring Bancorp, Inc. (the "Company") pursuant to the Sandy
Spring Bancorp 1999 Stock Option Plan, as amended (the "Plan") along with an
indeterminate amount of interests under the Plan. Registration Statement No.
333-81249 has become effective with respect to the Plan. The contents of such
registration statement are incorporated herein by reference pursuant to General
Instruction E to Form S-8. This Registration Statement also constitutes Post
Effective Amendment No. 1 to such registration statement.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE.
The following documents filed by Sandy Spring Bancorp, Inc. ("Sandy
Spring") with the Securities and Exchange Commission are hereby incorporated by
reference in this Registration Statement:
(1) Annual Report on Form 10-K for the year ended December 31,
2001;
(2) Quarterly Report on Form 10-Q for the quarter ended March 31,
2002;
(3) Quarterly Report on Form 10-Q for the quarter ended June 30,
2002;
(4) Quarterly Report on Form 10-Q for the quarter ended September
30, 2002;
(5) Current Report on Form 8-K filed October 16, 2002;
(6) Current Report on Form 8-K filed October 23, 2002;
(7) The Description of Capital Stock contained in Item 5 of the
Annual Report on Form 10-K for the year ended December 31,
1997; and
(8) All other reports filed pursuant to Section 13(a) or 15(d) of
the Exchange Act by Sandy Spring Bancorp, Inc. since the end
of the year covered in its Annual Report referred to in (1)
above.
All documents filed by Sandy Spring Bancorp, Inc. pursuant to Sections
13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 subsequent to
the date hereof, and prior to the filing of a post-effective amendment hereto
which indicates that all securities offered hereby shall have been sold or which
deregisters all securities remaining unsold, shall be deemed to be incorporated
by reference herein and to be a part hereof from the date of filing of such
documents.
ITEM 4. DESCRIPTION OF SECURITIES
Omitted pursuant to General Instruction E to Form S-8.
ITEM 5. INTEREST OF NAMED EXPERTS AND COUNSEL.
Not Applicable.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS
Omitted pursuant to General Instruction E to Form S-8.
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ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
Omitted pursuant to General Instruction E to Form S-8.
ITEM 8. EXHIBITS.
The exhibits required by Item 601 of Regulation S-K and this item are
included following the Exhibit Index at Page [R-6] hereof.
ITEM 9. UNDERTAKINGS.
Omitted pursuant to General Instruction E to Form S-8.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended,
the registrant has duly caused this registration statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Olney,
State of Maryland on December 11, 2002.
By: /s/ Hunter R. Hollar
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Hunter R. Hollar, President and
Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, as amended, this
registration statement has been signed by the following persons in the
capacities and on the dates indicated.
Signature Title Date
/s/ John Chirtea Director December 11, 2002
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John Chirtea
/s/ Susan D. Goff Director December 11, 2002
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Susan D. Goff
/s/ Solomon Graham Director December 11, 2002
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Solomon Graham
/s/ Gilbert L. Hardesty Director December 11, 2002
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Gilbert L. Hardesty
/s/ Joyce R. Hawkins Director December 11, 2002
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Joyce R. Hawkins
/s/ Charles F. Mess Director December 11, 2002
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Charles F. Mess
/s/ Robert L. Mitchell Director December 11, 2002
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Robert L. Mitchell
/s/ Robert L. Orndorff, Jr. Director December 11, 2002
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Robert L. Orndorff, Jr.
/s/ David E. Rippeon Director December 11, 2002
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David E. Rippeon
/s/ Craig A. Ruppert Director December 11, 2002
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Craig A. Ruppert
/s/ Lewis R. Schumann Director December 11, 2002
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Lewis R. Schumann
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Signature Title Date
/s/ W. Drew Stabler Director, Chairman of
--------------------------- the Board December 11, 2002
W. Drew Stabler
/s/ James H. Langmead Vice President, Treasurer
--------------------------- and Principal Financial December 11, 2002
James H. Langmead Principal Financial and
Accounting Officer
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INDEX TO EXHIBITS
Exhibit
Number Description
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4 1999 Stock Option Plan, as amended
5 Opinion of Kennedy, Baris & Lundy, L.L.P.
23.1 Consent of Kennedy, Baris & Lundy, L.L.P., included in Exhibit 5
23.2 Consent of Stegman & Company
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