(GNTY)

Role: EVP & Chief Risk Officer
Signature: /s/ Shalene A. Jacobson
Stock symbol: GNTY
Transactions as of: Nov 15, 2023
Transactions value $: $91,500
Form type: 4
Date filed: 11/17/2023, 05:00 PM
Previous filing: Mar 13, 2023
Next filing: Mar 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GNTY	Common Stock	Award	$91.5K	+3K	+20.76%	$30.50	17.5K	Nov 15, 2023	Direct	F1
holding	GNTY	Common Stock						1.81K	Nov 15, 2023	By Issuer KSOP

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	GNTY	Stock Option (right to buy)	Award	$0	+5K		$0.00	5K	Nov 15, 2023	Common Stock	5K	$30.50	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Grant of restricted stock pursuant to employment agreement with the issuer under the Guaranty Bancshares, Inc. 2015 Equity Incentive Plan (the "2015 Plan"). Shares will vest ratably beginning on the first anniversary of the grant date over the three-year period following the grant date, or will vest in full upon the earlier occurrence of certain conditions set forth in the related award agreement or 2015 Plan. Any shares not yet vested are subject to forfeiture upon termination for cause or as otherwise specified in the 2015 Plan or related award agreement.
F2	Options vest ratably in annual installments over a period of five (5) years from the grant date, 11/15/2023.

Content

Grant of restricted stock pursuant to employment agreement with the issuer under the Guaranty Bancshares, Inc. 2015 Equity Incentive Plan (the "2015 Plan"). Shares will vest ratably beginning on the first anniversary of the grant date over the three-year period following the grant date, or will vest in full upon the earlier occurrence of certain conditions set forth in the related award agreement or 2015 Plan. Any shares not yet vested are subject to forfeiture upon termination for cause or as otherwise specified in the 2015 Plan or related award agreement.

Options vest ratably in annual installments over a period of five (5) years from the grant date, 11/15/2023.