SEC Form 3 · accession 0000899243-17-012424
GUARANTY BANCSHARES INC /TX/ · GNTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harold E. Lower II
Officer — EVP - Guaranty Bank & Trust
Period of report
May 8, 2017
Accepted (ET)
May 9, 2017 · 11:38 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058867
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 5,000 | D | ||
| Common Stock | holding | — | — | — | 13,439 | I | By Issuer KSOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | $24.00 | holding | — | — | — | — | Oct 15, 2022 | Common Stock | 8,000 | — | D |
| Stock Appreciation RightsF2 | $17.00 | holding | — | — | — | — | Dec 14, 2020 | Common Stock | 1,200 | — | D |
Explanation of responses
- F1Options vest ratably in annual installments over a period of five (5) years from the grant date, 10/15/2014.
- F2Granted as cash-settled Stock Appreciation Rights ("SARs"). The SARs vest ratably in annual installments over a period of five (5) years from the grant date, 12/14/2010.