SEC Form 4 · accession 0001239618-15-000002
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
Doyce G Payne M.D.
Director
Period of report
Sep 11, 2015
Accepted (ET)
Oct 16, 2015 · 4:58 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 StockF2 | Sep 11, 2015 | A | 2,000 | $0.00 | A | 43,161 | D | |
| Common Stock | Sep 30, 2015 | A | 513 | $0.00 | A | 43,674 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $15.05 | Sep 30, 2015 | A | 1,025 | A | Sep 30, 2017 | Sep 30, 2025 | Common Stock | 1,025 | 8,188 | D |
Explanation of responses
- F1The stock option vests as follows: 50% on the second anniversary of the grant date and 50% on the third anniversary of the grant date.
- F2On 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 on this Form 4 have been adjusted for the reverse stock split.