Carroll William Young Jr. 4
4 · SMARTFINANCIAL INC. · Filed Jan 24, 2020
Insider Transaction Report
Form 4
Carroll William Young Jr.
DirectorPRESIDENT AND CEO
Transactions
- Award
Common Stock
2020-01-22+6,500→ 87,600 total
Holdings
- 41,666(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]On January 24, 2019, pursuant to the issuers 2015 Stock Incentive Plan (the "Plan"), the Board of Directors of the issuer approved grants of performance-based restricted stock (the "Restricted Stock Awards"). Up to 50% the restricted shares could be earned if the issuer achieved certain core diluted earnings per share targets for the fiscal year ending December 31, 2019, and up to 50% of the restricted shares could be earned if the issuer achieved certain core return on average assets targets for the 2019 fiscal year. On January 22, 2020, the Board of Directors determined that all performance goals were met and 100% of performance-based restricted stock was earned.