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4//SEC Filing

SMARTFINANCIAL INC. 4

Accession 0001652714-15-000002

$SMBKCIK 0001038773operating

Filed

Sep 9, 8:00 PM ET

Accepted

Sep 10, 7:16 PM ET

Size

9.7 KB

Accession

0001652714-15-000002

Insider Transaction Report

Form 4
Period: 2015-08-31
Davis Gregory L.
Chief Lending Officer and EVP
Transactions
  • Other

    Management Stock Option

    2015-08-31+5,361.35,361.3 total
    Exercise: $10.48From: 2010-06-24Exp: 2020-06-24Common Stock (5,361.3 underlying)
  • Other

    Management Stock Option

    2015-08-31+21,00021,000 total
    Exercise: $9.52From: 2007-02-22Exp: 2017-02-22Common Stock (21,000 underlying)
  • Other

    Common Stock

    2015-08-31+22,67022,670 total
Footnotes (3)
  • [F1]Received in exchange for 21,590 shares of SmartFinancial, Inc. common stock in connection with the merger (the "Merger") of SmartFinancial, Inc. ("Legacy SmartFinancial") with and into Cornerstone Bancshares, Inc. (now renamed "SmartFinancial, Inc."). On August 31, 2015, the closing price of SmartFinancial, Inc.'s common stock was $3.85.
  • [F2]Received in the Merger in exchange for a stock option to acquire 20,000 shares of Legacy SmartFinancial common stock for $10.00 per share.
  • [F3]Received in the Merger in exchange for a stock option to acquire 5,106 shares of Legacy SmartFinancial common stock for $11.00 per share.

Issuer

SMARTFINANCIAL INC.

CIK 0001038773

Entity typeoperating
IncorporatedTN

Related Parties

1
  • filerCIK 0001038773

Filing Metadata

Form type
4
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 7:16 PM ET
Size
9.7 KB