SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. One)
Shore Bancshares, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
825107-10-5
(CUSIP Number)
December 31, 1998
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[x] Rule 13d-1(d)
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CUSIP NO. 825107-10-5 13G Page 1 of 1 Pages
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1. NAME OF REPORTING PERSONS Ashley, Sydney G.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
###-##-####
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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NUMBER OF 5. SOLE VOTING POWER 0
SHARES
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER 364
EACH
REPORTING -------------------------------------------------------------
PERSON WITH 7. SOLE DISPOSITIVE POWER 0
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8. SHARED DISPOSITIVE POWER 364
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 364
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* |_|
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.02%
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12. TYPE OF REPORTING PERSON*
IN
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SCHEDULE 13G
Item 1(a). Name of Issuer:
Shore Bancshares, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
109 N. Commerce St.
P.O. Box 400, Centreville, MD 21617-0400
Item 2(a). Name of Person Filing:
Sydney G. Ashley
Item 2(b). Address of Principal Business Office or, if None, Residence:
107 S. Commerce St., Centreville, MD 21617
Item 2(c). Citizenship:
USA
Item 2(d). Title of Class of Securities:
Common Stock
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Item 2(e). CUSIP Number
825107-10-5
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) |_| Broker or dealer registered under Section 15 of the
Act,
(b) |_| Bank as defined in Section 3(a)(6) of the Act,
(c) |_| Insurance Company as defined in Section 3(a)(19) of
the Act,
(d) |_| Investment Company registered under Section 8 of
the Investment Company Act.
(e) |_| Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940,
(f) |_| Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee Retire-
ment Income Security Act of 1974 or Endowment Fund;
see 13d-1(b)(1)(ii)(F),
(g) |_| Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G); see Item 7,
(h) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
Item 4. Ownership.
If the percent of the class owned, as of December 31 of the
year covered by the statement, or as of the last day of any month
described in Rule 13d-1(b)(2), if applicable, exceeds five percent,
provide the following information as of that date and identify those
shares which there is a right to acquire.
(a) Amount beneficially owned:
364
(b) Percent of class:
0.02%
(c) Number of shares as to which such person has:
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(i) Sole power to vote or to direct the vote 0
(ii) Shared power to vote or to direct the vote 364
(iii) Sole power to dispose or to direct the disposition
of 0
(iv) Shared power to dispose or to direct the disposition
of 364
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ X ]
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
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Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certification.
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 3, 1999
(Date)
/s/ Sydney G. Ashley
(Signature)
Sydney G. Ashley
(Name/Title)
F7061.sec R:1
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