Darrell S. Freeman Sr - 14 Dec 2021 Form 4 Insider Report for Reliant Bancorp, Inc. (RBNC)

Role
Director
Signature
/s/ David Bartz, Attorney-in-Fact
Issuer symbol
RBNC
Transactions as of
14 Dec 2021
Transactions value $
$0
Form type
4
Filing time
15 Dec 2021, 18:24:14 UTC
Previous filing
21 Jul 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBNC Common Stock Options Exercise +1K +1.26% 80.2K 14 Dec 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 -1K -100% $0.00* 0 14 Dec 2021 Common Stock 1K 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.