Filing Details

Accession Number:
0001557903-20-000006
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-31 16:12:57
Reporting Period:
2020-08-28
Accepted Time:
2020-08-31 16:12:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1606440 Reliant Bancorp Inc. RBNC () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1557903 Jr. L. Gerald Cooksey 1736 Carothers Parkway Suite 100
Brentwood TN 37027
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-08-28 1,000 $14.75 39,293 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 10,145 Indirect By First Advantage ESOP
Footnotes
  1. Since the date of the reporting person's last Reliant Bancorp, Inc. ("RBNC") common stock ownership report, 5,545 shares previously owned through the First Advantage 401(k) plan have been transferred into an Individual Retirement Account (the "IRA"). Accordingly, the transfer of shares to the IRA effected only a change in the form of beneficial ownership without changing the reporting person's pecuniary interest in such shares and is therefore exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13 promulgated thereunder.
  2. Pursuant to the Agreement and Plan of Merger, dated October 22, 2019, by and among RBNC, PG Merger Sub, Inc., and First Advantage Bancorp, each share held in the First Advantage Bank Employees Stock Ownership Plan (the "ESOP") was converted into the right to receive 1.17 shares of RBNC common stock and $3.00 in cash, without interest. As of the date of this Form 4, the final number of ESOP shares allocable to the reporting person are not yet available. Accordingly, set forth above is the estimate of the number of shares of RBNC common stock known to be beneficially owned by the reporting person at this time. The reporting person will report the final stock ownership numbers once they are determined. Additionally, although the ESOP has technically been terminated, the ESOP shares have not yet been transferred to a new account due to administrative processing of transfer documentation.