SEC Form 4 · accession 0000899243-18-014587
FB Financial Corp · FBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W. Ayers
Officer — Executive Chairman · Director · 10% Owner
Period of report
May 31, 2018
Accepted (ET)
May 31, 2018 · 7:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001649749
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 31, 2018 | S | 480,000 | $39.8062 | D | 13,500,000 | D | |
| Common StockF1,F2 | holding | — | — | — | 6,647 | I | Held by Ayers Asset Management, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As previously reported in Forms 4 filed with the Securities and Exchange Commission on November 30, 2017, January 4, 2018 and April 3, 2018, the reporting person, for no consideration, (i) transferred to Ayers Asset Management, Inc. ("AAM") 2,784 shares of common stock, par value $1.00 per share ("Common Stock"), of FB Financial Corporation (the "Company") that the Company had previously paid him as compensation for services rendered to the Company (the "Transfer") and (ii) assigned to AAM his contractual right to receive an additional 5,385 shares of Common Stock that he would receive from the Company as compensation in lieu of his salary (the "Assignment").
- F2(continued from footnote 1) As of May 31, 2018, (i) in separate vestings, 469 and 1,053 RSUs vested with the underlying shares of Common Stock being issued to the respective AAM employees and being subtracted from the reporting person's indirect beneficial ownership and (ii) of the 8,169 shares of Common Stock that the reporting person initially committed to transfer to AAM pursuant to the Transfer and Assignment, AAM has received 6,500 shares of Common Stock and will continue to have a contractual right to receive from the reporting person the remaining 1,669 shares of Common Stock owed pursuant to the Assignment.