SEC Form 4 · accession 0001652349-15-000008
SMARTFINANCIAL INC. · SMBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith Edward Whaley
Director
Period of report
Aug 31, 2015
Accepted (ET)
Sep 9, 2015 · 3:21 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 | 43,790 | — | A | 43,790 | 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 | $10.48 | Aug 31, 2015 | A | 6,702 | A | Jun 24, 2010 | Feb 22, 2017 | Common Stock | 6,702 | 6,702 | D |
| Stock OptionF3 | $9.52 | Aug 31, 2015 | A | 26,250 | A | Feb 22, 2007 | Feb 22, 2017 | Common Stock | 26,250 | 26,250 | D |
Explanation of responses
- F1Received in connection with the merger. On August 31, 2015, the closing price of SmartFinancial's common stock was $3.85.
- F2Received in the merger in exchange for a stock option to acquire 6,383 shares of SmartFinancial, Inc.'s common stock for $11.00.
- F3Received in the merger in exchange for a stock option to acquire 25,000 shares of SmartFinancial, Inc.'s common stock for $10.00.