FB Financial Corp — Director's Dealing 2020

May 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FB Financial Corp (FBK)
CIK: 0001649749
Period of Report: 2020-05-01

Reporting Person: Ayers James W. (Director, Executive Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-01	Common Stock	P	44750	$22.32	Acquired	13563990	Direct
2020-05-04	Common Stock	P	14500	$21.42	Acquired	13578490	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5381	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units (obligation to sell)	$		Common Stock (906.0)	906	Indirect
Restricted Stock Units (obligation to sell)	$		Common Stock (4475.0)	4475	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.98 to $22.34, inclusive. The reporting person undertakes to provide to FB Financial Corporation (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.

F2: Represents the weighted average price of multiple purchases that ranged from $21.15 per share to $21.50 per share.

F3: As reported in Forms 4 filed with the Securities and Exchange Commission (the "SEC") on November 30, 2017, January 4, 2018, April 3, 2018, and July 3, 2018, the reporting person, for no consideration, previously transferred to Ayers Asset Management, Inc. ("AAM") 8,169 shares of Common Stock that the Company paid him as compensation for services rendered to the Company.

F4: For more information regarding the issuance and vesting provisions of these RSUs, please see the Forms 4 previously filed with the SEC on October 2, 2018 and July 3, 2018.