SEC Form 4 · accession 0001721561-17-000002
SMARTFINANCIAL INC. · SMBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Wade Kuhn Jr.
Officer — Regional President - SmartBank
Period of report
Nov 1, 2017
Accepted (ET)
Nov 3, 2017 · 3:37 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 | Nov 1, 2017 | A | 510 | — | A | 510 | 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 | $11.76 | Nov 1, 2017 | A | 17,000 | A | Jan 27, 2009 | Jan 27, 2019 | Common Stock | 17,000 | 17,000 | D |
| Stock OptionF3 | $11.76 | Nov 1, 2017 | A | 17,000 | A | Feb 1, 2010 | Feb 1, 2020 | Common Stock | 17,000 | 17,000 | D |
Explanation of responses
- F1Received in exchange for 600 shares of Capstone Bancshares, Inc. common stock in connection with the merger of Capstone Bancshares, Inc. with and into SmartFinancial, Inc. (the "Merger"). On the effective date of the Merger, the last known purchase price of Capstone Bancshares, Inc.'s common stock was $11.05 per share, and the closing price of SmartFinancial, Inc.'s common stock was $23.26 per share.
- F2Received in exchange for 20,000 options to purchase shares of Capstone Bancshares, Inc. common stock in connection with the Merger.
- F3Received in exchange for 20,000 options to purchase shares of Capstone Bancshares, Inc. common stock in connection with the Merger.