Clifton A. Payne - Sep 8, 2021 Form 4 Insider Report for GUARANTY BANCSHARES INC /TX/ (GNTY)

Role: Senior EVP and CFO, Director
Signature: /s/ Randall R. Kucera, as attorney-in-fact
Stock symbol: GNTY
Transactions as of: Sep 8, 2021
Transactions value $: $141,818
Form type: 4
Date filed: 9/9/2021, 04:00 PM
Next filing: Dec 7, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GNTY	Common Stock	Other	$142K	+6.5K	+6.95%	$21.82	100K	Sep 8, 2021	Direct
holding	GNTY	Common Stock						160K	Sep 8, 2021	By Issuer KSOP

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	GNTY	Stock Option (right to buy)	Options Exercise		-6.5K	-23.64%		21K	Sep 8, 2021	Common Stock	6.5K	$21.82	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Options vest ratably in annual installments over a period of ten (10) years from the grant date, 10/15/2014.
F2	Options granted under issuer's 2015 Equity Incentive Plan, which amended and restated the Company's 2014 Stock Option Plan.