SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Sachs Steven W.

(Last)

(First)

(Middle)

6011 UNIVERSITY BLVD.

SUITE 370

(Street)

ELLICOTT CITY

21043

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Howard Bancorp Inc [ hbmd ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
04/17/2015

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/17/2015		X		230	A	$13.25	92,921	D
Common Stock	04/17/2015		X		480	A	$13.99	93,401	D
Common Stock	04/17/2015		X		510	A	$14	93,911	D
Common Stock	04/17/2015		O		300	A	$14.25	94,211	D
Common Stock	04/17/2015		X		260	A	$12.5	94,471	D
Common Stock	04/17/2015		X		550	A	$11	95,021	D
Common Stock	04/17/2015		X		110	A	$11.5	95,131	D
Common Stock	04/17/2015		X		976	A	$10.45	96,107	D
Common Stock	04/17/2015		X		459	A	$10.2	96,566	D
Common Stock	04/17/2015		X		874	A	$8.5	97,440	D
Common Stock	04/17/2015		X		1,288	A	$7.65	98,728	D
Common Stock	04/17/2015		X		365	A	$8.5	99,093	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Options to Purchase Common Stock	$13.25	04/17/2015		X		230		10/11/2006	10/11/2016	Common Stock	230	$0	0	D
Options to Purchase Common Stock	$13.99	04/17/2015		X		480		01/10/2007	01/10/2017	Common Stock	480	$0	0	D
Options to Purchase Common Stock	$14	04/17/2015		X		510		04/11/2007	04/11/2017	Common Stock	510	$0	0	D
Options to Purchase Common Stock	$14.25	04/17/2015		O		300		07/11/2007	07/11/2017	Common Stock	300	$0	0	D
Options to Purchase Common Stock	$12.5	04/17/2015		X		260		10/09/2007	10/09/2017	Common Stock	260	$0	0	D
Options to Purchase Common Stock	$11	04/17/2015		X		550		04/15/2008	04/15/2018	Common Stock	550	$0	0	D
Options to Purchase Common Stock	$11.5	04/17/2015		X		110		07/15/2008	07/15/2018	Common Stock	110	$0	0	D
Options to Purchase Common Stock	$10.45	04/17/2015		X		976		10/01/2008	10/01/2018	Common Stock	976	$0	0	D
Options to Purchase Common Stock	$10.2	04/17/2015		X		459		12/31/2008	12/31/2018	Common Stock	459	$0	0	D
Options to Purchase Common Stock	$8.5	04/17/2015		X		874		03/31/2009	03/31/2009	Common Stock	874	$0	0	D
Options to Purchase Common Stock	$7.65	04/17/2015		X		1,288		06/30/2009	06/30/2019	Common Stock	1,288	$0	0	D
Options to Purchase Common Stock	$8.5	04/17/2015		X		365		09/30/2009	09/30/2019	Common Stock	365	$0	0	D

Explanation of Responses:

	George Coffman, Attorney in Fact, for Steven W. Sachs	04/17/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.