4//SEC Filing
Johnson Timothy L. 4
Accession 0000899243-19-002556
CIK 0001649749other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 9:43 PM ET
Size
14.7 KB
Accession
0000899243-19-002556
Insider Transaction Report
Form 4
Johnson Timothy L.
Chief Risk Officer
Transactions
- Exercise/Conversion
EBI Units
2019-01-31−3,493→ 0 total→ Common Stock (3,493 underlying) - Exercise/Conversion
Common Stock
2019-01-31+3,493→ 63,872 total - Tax Payment
Common Stock
2019-01-31−1,054→ 62,818 total
Footnotes (3)
- [F1]The issuer granted these 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]3,493 EBI Units vested on January 31, 2019. Of the 3,493 shares that vested on January 31, 2019, the issuer withheld 1,054 shares for tax purposes. As of January 31, 2019, all EBI Units held by the reporting person pursuant to the 2012 EBI Plan have fully vested.
Issuer
FB Financial Corp
CIK 0001649749
Entity typeother
Related Parties
1- filerCIK 0001684402
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 9:43 PM ET
- Size
- 14.7 KB