AI assistant
SMARTFINANCIAL INC. — Director's Dealing 2022
Feb 14, 2022
32627_dirs_2022-02-14_a314198b-03d0-4737-877e-7ef93c5eadab.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SMARTFINANCIAL INC. (SMBK)
CIK: 0001038773
Period of Report: 2022-01-26
Reporting Person: Petty Gary Wayne Jr (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-26 | Common Stock | A | 1500 | — | Acquired | 9552 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 96 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $6.60 | 2022-03-01 | Common Stock (3750) | 3750 | Direct |
| Stock Option | $9.48 | 2023-03-01 | Common Stock (3750) | 3750 | Direct |
| Stock Option | $9.60 | 2024-03-01 | Common Stock (3750) | 3750 | Direct |
| Stock Option | $15.05 | 2025-09-30 | Common Stock (3588) | 3588 | Direct |
Footnotes
F1: On January 28, 2021, 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, 2021, 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, 2021. On January 26, 2022, the Compensation Committee determined that all performance goals were met and 100% of the performance-based restricted stock shares were earned.