SEC Form 4 · accession 0001340386-19-000001
SMARTFINANCIAL INC. · SMBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wesley Miller Welborn
Officer — Chairman · Director
Period of report
Feb 27, 2019
Accepted (ET)
Feb 28, 2019 · 10:30 am EST
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 Stock | Feb 27, 2019 | M | 513 | $14.40 | A | 52,577 | D | |
| Common Stock | holding | — | — | — | 14,167 | I | By Elizabeth Houston Welborn Trust | |
| Common Stock | holding | — | — | — | 14,167 | I | By Margaret Polfrey Welborn Trust | |
| Common Stock | holding | — | — | — | 14,167 | I | By Ann Miller Welborn Trust | |
| Common Stock | holding | — | — | — | 4,725 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $14.40 | Feb 27, 2019 | M | 513 | D | Mar 1, 2010 | Mar 1, 2019 | Common Stock | 513 | 0 | D |
| Stock Option (right to buy)F1 | $6.60 | holding | — | — | — | Mar 1, 2013 | Mar 1, 2022 | Common Stock | 2,500 | 2,500 | D |
| Stock Option (right to buy)F1 | $9.48 | holding | — | — | — | Mar 1, 2014 | Mar 1, 2023 | Common Stock | 1,250 | 1,250 | D |
| Stock Option (right to buy)F1 | $9.60 | holding | — | — | — | Mar 1, 2015 | Mar 1, 2024 | Common Stock | 2,500 | 2,500 | D |
| Stock Option (right to buy)F2 | $15.05 | holding | — | — | — | Sep 30, 2017 | Sep 30, 2025 | Common Stock | 1,025 | 1,025 | D |
Explanation of responses
- F1Fully vested.
- F2This 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.