Shalene A. Jacobson - 24 Feb 2023 Form 4 Insider Report for GUARANTY BANCSHARES INC /TX/ (GNTY)

Role: EVP & Chief Risk Officer
Signature: /s/ Shalene A. Jacobson
Issuer symbol: GNTY
Transactions as of: 24 Feb 2023
Net transactions value: +$62,986
Form type: 4
Filing time: 24 Feb 2023, 16:01:09 UTC
Previous filing: 27 Jun 2022
Next filing: 13 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GNTY	Common Stock	Options Exercise	$62,986	+2,200	+18%	$28.63	14,203	24 Feb 2023	Direct
holding	GNTY	Common Stock						1,178	24 Feb 2023	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		-2,200	-100%		0	24 Feb 2023	Common Stock	2,200	$28.63	Direct	F1, F2
holding	GNTY	Stock Option (right to buy)						5,500	24 Feb 2023	Common Stock	5,500	$23.03	Direct	F3

* 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 five (5) years from the grant date, 2/13/2018.
F2	Options granted under issuer's 2015 Equity Incentive Plan, which amended and restated the Company's 2014 Stock Option Plan.
F3	Options vest ratably in annual installments over a period of five (5) years from the grant date, 5/20/2020.