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: 2017-02-23

Reporting Person: Davis Gregory L. (Chief Lending Officer and EVP)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-23	Stock Appreciation Right	$21.72	A	3000	Acquired	2020-12-31	Common Stock (3000)	Direct
2018-01-25	Stock Appreciation Right	$21.61	A	3000	Acquired	2021-12-31	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	28031	Direct

Footnotes

F1: This stock appreciation right was granted on 02/23/2017. The stock appreciation right generally vests 100% on the third anniversary of the date of the grant, subject to Mr. Davis's 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. Davis's continuous service with the company or a subsidiary or affiliate of the company through the date of the change in control.

F2: 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 Mr. Davis's 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. Davis's continuous service with the company or a subsidiary or affiliate of the company through the date of the change in control.