Home/Filings/4/0001415889-21-000439
4//SEC Filing

Petty Gary Wayne Jr 4

Accession 0001415889-21-000439

CIK 0001038773other

Filed

Jan 27, 7:00 PM ET

Accepted

Jan 28, 5:21 PM ET

Size

14.8 KB

Accession

0001415889-21-000439

Insider Transaction Report

Form 4
Period: 2021-01-28
Petty Gary Wayne Jr
Chief Financial Officer
Transactions
  • Award

    Common Stock

    2021-01-28+1,5004,302 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    96
  • Stock Option

    Exercise: $15.05From: 2017-09-30Exp: 2025-09-30Common Stock (3,588 underlying)
    3,588
  • Stock Option

    Exercise: $9.48From: 2015-03-01Exp: 2023-03-01Common Stock (3,750 underlying)
    3,750
  • Stock Appreciation Right

    Exercise: $21.61Exp: 2021-12-31Common Stock (2,000 underlying)
    2,000
  • Stock Option

    Exercise: $6.60From: 2014-03-01Exp: 2022-03-01Common Stock (3,750 underlying)
    3,750
  • Stock Option

    Exercise: $6.80From: 2013-03-01Exp: 2021-03-01Common Stock (3,750 underlying)
    3,750
  • Stock Option

    Exercise: $9.60From: 2016-03-01Exp: 2024-03-01Common Stock (3,750 underlying)
    3,750
Footnotes (3)
  • [F1]On March 9, 2020, 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, 2020, 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, 2020. On January 28, 2021, the Board of Directors determined that all performance goals were met and 100% of the performance-based restricted stock shares were earned.
  • [F2]Fully vested.
  • [F3]This stock appreciation right was granted on 1/25/2018. The stock appreciation right generally vest 100% on the third anniversary of the date of grant, subject to Mr. Petty's continuous service with the Company or a subsidiary or affiliate of the Company through such date. The stock appreciation right vest 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 27, 7:00 PM ET
Accepted
Jan 28, 5:21 PM ET
Size
14.8 KB