Alan Mims - Dec 14, 2021 Form 4 Insider Report for Reliant Bancorp, Inc. (RBNC)

Role
Chief Credit Officer
Signature
/s/ David Bartz, Attorney-in-Fact
Stock symbol
RBNC
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
4
Date filed
12/15/2021, 06:25 PM
Previous filing
Sep 1, 2021
Next filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBNC Common Stock Options Exercise +3K +69.7% 7.3K Dec 14, 2021 Direct F1
transaction RBNC Common Stock Options Exercise +5K +68.46% 12.3K Dec 14, 2021 Direct F1
transaction RBNC Common Stock Options Exercise +3.42K +27.8% 15.7K Dec 14, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RBNC Restricted Stock Units Options Exercise $0 -3K -100% $0.00* 0 Dec 14, 2021 Common Stock 3K Direct F1, F2
transaction RBNC Restricted Stock Units Options Exercise $0 -5K -100% $0.00* 0 Dec 14, 2021 Common Stock 5K Direct F1, F2
transaction RBNC Restricted Stock Units Options Exercise $0 -3.42K -100% $0.00* 0 Dec 14, 2021 Common Stock 3.42K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 On December 14, 2021, in connection with the proposed merger with United Community Banks, Inc., the Human Resources and Compensation Committee of the Board of Directors of Reliant Bancorp, Inc. accelerated the vesting of RSUs.