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SMARTFINANCIAL INC. — Director's Dealing 2021
Jan 28, 2021
32627_dirs_2021-01-28_66087911-2ada-4333-b614-085f6459717f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SMARTFINANCIAL INC. (SMBK)
CIK: 0001038773
Period of Report: 2021-01-28
Reporting Person: Welborn Wesley Miller (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-28 | Common Stock | A | 4400 | — | Acquired | 68623 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 14167 | Indirect |
| Common Stock | 14167 | Indirect |
| Common Stock | 14167 | Indirect |
| Common Stock | 4725 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $6.60 | 2022-03-12 | Common Stock (2500) | 2500 | Direct |
| Stock Option | $9.48 | 2023-03-12 | Common Stock (1250) | 1250 | Direct |
| Stock Option | $9.60 | 2024-03-01 | Common Stock (2500) | 2500 | Direct |
| Stock Option | $15.05 | 2025-09-30 | Common Stock (1025) | 1025 | Direct |
Footnotes
F1: On March 9, 2020, pursuant to the issuer's 2015 Stock Incentive Plan (the "Plan"), the Board of Directors of the issuer approved grants of performance-based restricted stock. Up to 50% of the restricted shares could be earned if the issuer achieved certain core diluted earnings per share targets for the fiscal year ending December 31, 2020, and up to 50% of the restricted shares could be earned if the issuer achieved certain core return on average assets targets for the fiscal year ending December 31, 2020. On January 28, 2021, the Board of Directors determined that all performance goals were met and 100% of the performance-based restricted stock shares were earned.
F2: Fully Vested.