SMARTFINANCIAL INC. — Director's Dealing 2019

Mar 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMARTFINANCIAL INC. (SMBK)
CIK: 0001038773
Period of Report: 2018-01-25

Reporting Person: Petty Gary Wayne Jr (Chief Risk Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-25	Stock Appreciation Right	$21.61	A	2000	Acquired	2021-12-31	Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1302	Direct
Common Stock	96	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$6.8	2021-03-01	Common Stock (3750)	3750	Direct
Stock Option (right to buy)	$6.6	2022-03-01	Common Stock (3750)	3750	Direct
Stock Option (right to buy)	$9.48	2023-03-01	Common Stock (3750)	3750	Direct
Stock Option (right to buy)	$9.6	2024-03-01	Common Stock (3750)	3750	Direct
Stock Option (right to buy)	$15.05	2025-09-30	Common Stock (3588)	3588	Direct

Footnotes

F1: This stock appreciation right was granted on 01/25/2018. The stock appreciation right generally vests 100% on the third anniversary of the date of the grant, subject to continuous service with the company or a subsidiary or affiliate of the company through such date. The stock appreciation right vests on an accelerated basis in full in the event of a change in control, again subject to Mr. Petty's continuous service with the company or a subsidiary or affiliate of the company through the date of the change in control.

F2: Fully vested.

F3: This stock option was granted on 09/30/2015. The stock option vests as follows: 50% on the second anniversary of the date of the grant and 50% on the third anniversary of the date of the grant.