Form 4 for FBK FB Financial Corp
Accepted 2022-02-02 00:00:00 ET · period of report 2022-01-31 · accession 0001649749-22-000020 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-02-02 | 2022-01-21 | FBK | Ayers James W. | 10%, Former Dir | G - Gift | $0.00 | -132 | 4,708 | -3% | $0 |
| DMI | 2022-02-02 | 2022-01-31 | FBK | Ayers James W. | 10%, Former Dir | X - OptEx | $0.00 | -4,708 | 516 | -90% | $0 |
| DMI | 2022-02-02 | 2022-01-21+ | FBK | Ayers James W. | 10%, Former Dir | X - OptEx | $0.00 | -4,840 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-01-21 | G | D | 132 | $0.00 | 4,708 | I Held by Ayers Asset Management, Inc. | — | — | (F1) As reported in Forms 4 filed with the Securities and Exchange Commission ("SEC") on November 30, 2017, January 4, 2018 April 3, 2018, and July 3, 2018, the reporting person, for no consideration, previously transferred to Ayers Asset Management, Inc. ("AAM") 8,169 shares of Common Stock that FB Financial Corporation ("FB Financial") paid him as compensation for services rendered to FB Financial. AAM issued 8,169 Restricted Stock Units ("RSUs") to certain AAM employees (each, a "Grantee" and, collectively, the "Grantees") as additional compensation for services rendered and to be rendered by such Grantees to AAM. The 8,169 RSUs that were awarded to Grantees are convertible on a one-for-one (1:1) basis into a corresponding number of shares of Common Stock of FB Financial. (F2) On January 21, 2022, as a result of a Grantee's departure from AAM, the Grantee forfeited 132 unvested RSUs, which were (i) vested in their entirety, (ii) converted on a one-for-one basis into shares of FB Financial Common Stock, and (iii) immediately and automatically gifted to the Middle Tennessee Council, Inc., Boy Scouts of America. |
| 2 | Common | Common Stock | 2022-01-31 | X | D | 516 | $0.00 | 0 | I Held by Ayers Asset Management, Inc. | — | — | (F1) As reported in Forms 4 filed with the Securities and Exchange Commission ("SEC") on November 30, 2017, January 4, 2018 April 3, 2018, and July 3, 2018, the reporting person, for no consideration, previously transferred to Ayers Asset Management, Inc. ("AAM") 8,169 shares of Common Stock that FB Financial Corporation ("FB Financial") paid him as compensation for services rendered to FB Financial. AAM issued 8,169 Restricted Stock Units ("RSUs") to certain AAM employees (each, a "Grantee" and, collectively, the "Grantees") as additional compensation for services rendered and to be rendered by such Grantees to AAM. The 8,169 RSUs that were awarded to Grantees are convertible on a one-for-one (1:1) basis into a corresponding number of shares of Common Stock of FB Financial. (F3) On January 31, 2022, the remaining 4,708 RSUs vested in certain AAM employees pursuant to the grant of RSUs described in prior Form 4 filings. For more information regarding the issuance and vesting provisions of these RSUs, please see the Forms 4 previously filed with the SEC on October 2, 2018 and July 3, 2018. |
| 3 | Common | Common Stock | 2022-01-31 | X | D | 4,192 | $0.00 | 516 | I Held by Ayers Asset Management, Inc. | — | — | (F1) As reported in Forms 4 filed with the Securities and Exchange Commission ("SEC") on November 30, 2017, January 4, 2018 April 3, 2018, and July 3, 2018, the reporting person, for no consideration, previously transferred to Ayers Asset Management, Inc. ("AAM") 8,169 shares of Common Stock that FB Financial Corporation ("FB Financial") paid him as compensation for services rendered to FB Financial. AAM issued 8,169 Restricted Stock Units ("RSUs") to certain AAM employees (each, a "Grantee" and, collectively, the "Grantees") as additional compensation for services rendered and to be rendered by such Grantees to AAM. The 8,169 RSUs that were awarded to Grantees are convertible on a one-for-one (1:1) basis into a corresponding number of shares of Common Stock of FB Financial. (F3) On January 31, 2022, the remaining 4,708 RSUs vested in certain AAM employees pursuant to the grant of RSUs described in prior Form 4 filings. For more information regarding the issuance and vesting provisions of these RSUs, please see the Forms 4 previously filed with the SEC on October 2, 2018 and July 3, 2018. |
| 4 | Derivative | Restricted Stock Units (obligation to sell) | 2022-01-21 | X | D | 132 | $0.00 | 4,192 | I Held by employees of Ayers Asset Management, Inc. | — · — to — | 4,324 Common Stock | (F1) As reported in Forms 4 filed with the Securities and Exchange Commission ("SEC") on November 30, 2017, January 4, 2018 April 3, 2018, and July 3, 2018, the reporting person, for no consideration, previously transferred to Ayers Asset Management, Inc. ("AAM") 8,169 shares of Common Stock that FB Financial Corporation ("FB Financial") paid him as compensation for services rendered to FB Financial. AAM issued 8,169 Restricted Stock Units ("RSUs") to certain AAM employees (each, a "Grantee" and, collectively, the "Grantees") as additional compensation for services rendered and to be rendered by such Grantees to AAM. The 8,169 RSUs that were awarded to Grantees are convertible on a one-for-one (1:1) basis into a corresponding number of shares of Common Stock of FB Financial. (F2) On January 21, 2022, as a result of a Grantee's departure from AAM, the Grantee forfeited 132 unvested RSUs, which were (i) vested in their entirety, (ii) converted on a one-for-one basis into shares of FB Financial Common Stock, and (iii) immediately and automatically gifted to the Middle Tennessee Council, Inc., Boy Scouts of America. |
| 5 | Derivative | Restricted Stock Units (obligation to sell) | 2022-01-31 | X | D | 516 | $0.00 | 0 | I Held by employees of Ayers Asset Management, Inc. | — · — to — | 516 Common Stock | (F1) As reported in Forms 4 filed with the Securities and Exchange Commission ("SEC") on November 30, 2017, January 4, 2018 April 3, 2018, and July 3, 2018, the reporting person, for no consideration, previously transferred to Ayers Asset Management, Inc. ("AAM") 8,169 shares of Common Stock that FB Financial Corporation ("FB Financial") paid him as compensation for services rendered to FB Financial. AAM issued 8,169 Restricted Stock Units ("RSUs") to certain AAM employees (each, a "Grantee" and, collectively, the "Grantees") as additional compensation for services rendered and to be rendered by such Grantees to AAM. The 8,169 RSUs that were awarded to Grantees are convertible on a one-for-one (1:1) basis into a corresponding number of shares of Common Stock of FB Financial. (F3) On January 31, 2022, the remaining 4,708 RSUs vested in certain AAM employees pursuant to the grant of RSUs described in prior Form 4 filings. For more information regarding the issuance and vesting provisions of these RSUs, please see the Forms 4 previously filed with the SEC on October 2, 2018 and July 3, 2018. |
| 6 | Derivative | Restricted Stock Units (obligation to sell) | 2022-01-31 | X | D | 4,192 | $0.00 | 0 | I Held by employees of Ayers Asset Management, Inc. | — · — to — | 4,192 Common Stock | (F1) As reported in Forms 4 filed with the Securities and Exchange Commission ("SEC") on November 30, 2017, January 4, 2018 April 3, 2018, and July 3, 2018, the reporting person, for no consideration, previously transferred to Ayers Asset Management, Inc. ("AAM") 8,169 shares of Common Stock that FB Financial Corporation ("FB Financial") paid him as compensation for services rendered to FB Financial. AAM issued 8,169 Restricted Stock Units ("RSUs") to certain AAM employees (each, a "Grantee" and, collectively, the "Grantees") as additional compensation for services rendered and to be rendered by such Grantees to AAM. The 8,169 RSUs that were awarded to Grantees are convertible on a one-for-one (1:1) basis into a corresponding number of shares of Common Stock of FB Financial. (F3) On January 31, 2022, the remaining 4,708 RSUs vested in certain AAM employees pursuant to the grant of RSUs described in prior Form 4 filings. For more information regarding the issuance and vesting provisions of these RSUs, please see the Forms 4 previously filed with the SEC on October 2, 2018 and July 3, 2018. |