SMARTFINANCIAL INC. — Director's Dealing 2021

Dec 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMARTFINANCIAL INC. (SMBK)
CIK: 0001038773
Period of Report: 2021-08-27

Reporting Person: Davis Gregory L. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-27	Stock Appreciation Right	M	3000	$21.61	Acquired	36031	Direct
2021-08-27	Stock Appreciation Right	D	3000	$25.06	Disposed	33031	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-27	Stock Appreciation Right	$21.61	M	3000	Disposed	2021-12-31	Common Stock (3000)	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 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.