4//SEC Filing
Petty Gary Wayne Jr 4
Accession 0001038773-20-000035
CIK 0001038773other
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 10:08 AM ET
Size
337.7 KB
Accession
0001038773-20-000035
Insider Transaction Report
Form 4
Petty Gary Wayne Jr
Chief Financial Officer
Transactions
- Award
Common Stock
2020-01-22+1,500→ 2,802 total
Holdings
- 3,588
Stock Option (right to buy)
Exercise: $15.05From: 2017-09-30Exp: 2025-09-30→ Common Stock (3,588 underlying) - 3,750
Stock Option (right to buy)
Exercise: $9.60From: 2016-03-01Exp: 2024-03-01→ Common Stock (3,750 underlying) - 3,750
Stock Option (right to buy)
Exercise: $6.80From: 2013-03-01Exp: 2021-03-01→ Common Stock (3,750 underlying) - 96(indirect: By Spouse)
Common Stock
- 3,750
Stock Option (right to buy)
Exercise: $6.60From: 2014-03-01Exp: 2022-03-01→ Common Stock (3,750 underlying) - 2,000
Stock Appreciation Right
Exercise: $21.61Exp: 2021-12-31→ Common Stock (2,000 underlying) - 3,750
Stock Option (right to buy)
Exercise: $9.48From: 2015-03-01Exp: 2023-03-01→ Common Stock (3,750 underlying)
Footnotes (4)
- [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.
- [F2]Fully vested.
- [F3]This stock option was granted on 09/30/2015. The stock option vests as follows: 50% on the second anniversary of the date of the grant and 50% on the third anniversary of the date of the grant.
- [F4]This stock appreciation right was granted on 01/25/2018. The stock appreciation right generally vests 100% on the third anniversary of the date of the grant, subject to continuous service with the company or a subsidiary or affiliate of the company through such date. The stock appreciation right vests on an accelerated basis in full in the event of a change in control, again subject to Mr. Petty's continuous service with the company or a subsidiary or affiliate of the company through the date of the change in control.
Issuer
SMARTFINANCIAL INC.
CIK 0001038773
Entity typeother
Related Parties
1- filerCIK 0001434890
Filing Metadata
- Form type
- 4
- Filed
- Jan 23, 7:00 PM ET
- Accepted
- Jan 24, 10:08 AM ET
- Size
- 337.7 KB