Home/Filings/4/0000899243-19-002554
4//SEC Filing

GORDON JAMES R 4

Accession 0000899243-19-002554

CIK 0001649749other

Filed

Feb 3, 7:00 PM ET

Accepted

Feb 4, 9:43 PM ET

Size

16.5 KB

Accession

0000899243-19-002554

Insider Transaction Report

Form 4
Period: 2018-03-16
Transactions
  • Tax Payment

    Common Stock

    2018-03-16$40.96/sh594$24,33012,087 total
  • Exercise/Conversion

    EBI Units

    2019-01-319,2390 total
    Common Stock (9,239 underlying)
  • Exercise/Conversion

    Common Stock

    2019-01-31+9,23921,326 total
  • Tax Payment

    Common Stock

    2019-01-314,08417,242 total
Footnotes (5)
  • [F1]The issuer granted these EBI Units (the "2012 EBI Units") to the reporting person pursuant to the FirstBank 2012 Equity Based Incentive Plan (the "2012 EBI Plan"). Prior to the consummation of the issuer's initial public offering (the "IPO"), on or shortly following the vesting date, the reporting person was to receive an amount in cash equal to the fair market value of a share of common stock on the December 31 immediately preceding the payment date.
  • [F2](Continued from footnote 1) Following the consummation of the IPO, however, the issuer permitted participants in the 2012 EBI Plan to elect to receive, for each vested 2012 EBI Unit, either (i) an amount of cash equal to the fair market value of a share of issuer common stock on the December 31 immediately preceding the payment date or (ii) a number of shares of issuer common stock equal to the product obtained from multiplying the number of vested 2012 EBI Units by 1.1268 (determined by dividing $21.4085, the fair market value per 2012 EBI Unit as determined under the 2012 EBI Plan, by $19.00, the IPO price).
  • [F3]The reporting person elected to settle all of these EBI Units for shares of issuer common stock.
  • [F4]All EBI Units held by the reporting person pursuant to the 2012 EBI Plan vested in full as of January 31, 2019. Of the 9,239 shares that vested, the issuer withheld 4,084 shares for tax purposes.
  • [F5]On March 16, 2018, approximately a third of the restricted stock units ("RSUs") granted pursuant to the issuer's 2016 Incentive Plan, for the insider's performance during 2016, vested. Of the 2,439 shares that vested, the issuer withheld 594 shares for tax purposes.

Issuer

FB Financial Corp

CIK 0001649749

Entity typeother

Related Parties

1
  • filerCIK 0001166788

Filing Metadata

Form type
4
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 9:43 PM ET
Size
16.5 KB