SEC Form 4 · accession 0001652321-15-000002
SMARTFINANCIAL INC. · SMBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor Lynn Barrett
Director
Period of report
Aug 31, 2015
Accepted (ET)
Sep 9, 2015 · 3:01 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 | Aug 31, 2015 | A | 101,588 | — | A | 101,588 | D | |
| Common StockF1 | Aug 31, 2015 | A | 30,870 | — | A | 30,870 | I | By trust for the benefit of spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $10.48 | Aug 31, 2015 | A | 8,042 | A | Jun 24, 2010 | Feb 22, 2017 | Common Stock | 8,042 | 8,042 | D |
| Stock OptionF3 | $9.52 | Aug 31, 2015 | A | 31,500 | A | Feb 22, 2007 | Feb 22, 2017 | Common Stock | 31,500 | 31,500 | D |
Explanation of responses
- F1Received in connection with the merger. On August 31, 2015, the closing price of SmartFinancial, Inc.'s common stock was $3.85.
- F2Received in the merger in exchange for a stock option to acquire 7,659 shares of SmartFinancial, Inc. common stock for $11.00 per share.
- F3Received in the merger in exchange for a stock option to acquire 30,000 shares of SmartFinancial, Inc. common stock for $10.00 per share.