Ronald J. Gorczynski - Jan 26, 2022 Form 4 Insider Report for SMARTFINANCIAL INC. (SMBK)

Role
EVP & CHIEF FINANCIAL OFFICER
Signature
/s/ Glen Allen, Jr., Attorney-in-Fact
Stock symbol
SMBK
Transactions as of
Jan 26, 2022
Transactions value $
$0
Form type
4
Date filed
2/14/2022, 03:15 PM
Next filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMBK Common Stock Award $0 +2.5K +27.38% $0.00 11.6K Jan 26, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 28, 2021, pursuant to the issuer's 2015 Stock Incentive Plan (the "Plan"), the Board of Directors of the issuer approved grants of performance-based restricted stock. Up to 50% of the restricted shares could be earned if the issuer achieved certain core diluted earnings per share targets for the fiscal year ending December 31, 2021, and up to 50% of the restricted shares could be earned if the issuer achieved certain core return on average assets targets for the fiscal year ending December 31, 2021. On January 26, 2022, the Compensation Committee determined that all performance goals were met and 100% of the performance-based restricted stock shares were earned.
F2 Includes shares acquired pursuant to the SMBK Dividend Reinvestment Plan