SEC Form 4 · accession 0001217555-15-000003
SMARTFINANCIAL INC. · SMBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Nathaniel F Hughes
Officer — EVP & Investment Officer
Period of report
Sep 30, 2015
Accepted (ET)
Oct 16, 2015 · 6:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001038773
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 30, 2015 | P | 12,172 | $15.00 | A | 16,161 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $15.05 | Sep 30, 2015 | A | 4,100 | A | Sep 30, 2017 | Sep 20, 2025 | Common Stock | 4,100 | 33,725 | D |
Explanation of responses
- F1On August 31, 2015, the Company effected a 1-for-4 reverse stock split of its common stock, with fractional shares being rounded up to the next whole share. Shares reported as being beneficially owned in this Form 4 have been adjusted for the reverse stock split.
- F2The stock option vests as follows: 30% on the second anniversary of the date of the grant, 60% on the third anniversary, and 100% on the fourth anniversary.