Sec Form 5 Filing - Holmes Christopher T @ FB Financial Corp - 2020-12-31

Insider filing report for Changes in Beneficial Ownership
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FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Holmes Christopher T
2. Issuer Name and Ticker or Trading Symbol
FB Financial Corp [ FBK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
211 COMMERCE STREET, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2020
(Street)
NASHVILLE, TN37201
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ( 1 ) 04/14/2020 J V 183,761 D $ 0 34,127 D
Common Stock ( 2 ) 12/16/2020 G V 300 D $ 0 352,221 I Held by Susan P. Holmes Revocable Living Trust
Common Stock 303 I Held by daughter 1 ( 3 )
Common Stock 303 I Held by daughter 2 ( 3 )
Common Stock 303 I Held by daughter 3 ( 3 )
Common Stock ( 4 ) ( 5 ) 12/30/2020 J V 327,775 D $ 0 24,446 I Held by Susan P. Holmes Revocable Living Trust
Common Stock 327,775 I Susan Panni Holmes 2020 GST-Exempt Family Trust ( 4 ) ( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Holmes Christopher T
211 COMMERCE STREET, SUITE 300
NASHVILLE, TN37201
X President and CEO
Signatures
/s/ Beth W. Sims, as Attorney-in-Fact 02/16/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On April 14, 2020, the reporting person transferred 183,761 shares of common stock (the "April Shares") into the Susan P. Holmes Revocable Living Trust (the "Revocable Trust"). After accounting for the transfer of the April Shares (the "April Transfer"), the reporting person had direct beneficial ownership of 34,127 shares of common stock and indirect beneficial ownership 352,521 shares of common stock held through the Revocable Trust. The reporting person and his spouse are the beneficiaries and co-trustees of the Revocable Trust. Accordingly, the April Transfer effected only a change in the form of beneficial ownership without changing the reporting person's pecuniary interest in the April Shares and is therefore exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16a-13 promulgated thereunder and was not required to be reported on a prior Form 4.
( 2 )This line item reflects three separate gifts from the Revocable Trust of 100 shares to each of the reporting person's three daughters (the "Gifts").
( 3 )These line items reflect the Gifts as well as 3 shares received by each of the reporting person's daughters pursuant to the issuer's Dividend Reinvestment Plan.
( 4 )On November 27, 2020, the Susan Panni Holmes 2020 GST-Exempt Family Trust (the "GST Trust") was formed. Thereafter, on December 30, 2020, the reporting person transferred 327,775 shares of common stock (the "December Shares") from the Revocable Trust into the GST Trust (the "December Transfer"). After accounting for the transfer of the December Shares, the reporting person had indirect beneficial ownership of 24,446 shares of common stock held through the Revocable Trust and indirect beneficial ownership of 327,775 shares of common stock held through the GST Trust. The shares held in the GST Trust are held for the benefit of the reporting person and his spouse, who are the beneficiaries and co-trustees of the GST Trust.
( 5 )(Continued from footnote 4.) Accordingly, the December Transfer effected only a change in the form of beneficial ownership without changing the reporting person's pecuniary interest in the December Shares and is therefore exempt from Section 16 of the Exchange Act pursuant to Rule 16a-13 promulgated thereunder and was not required to be reported on a prior Form 4.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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