SEC Form 4 · accession 0000899243-17-010467
Franklin Financial Network Inc. · FSB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Herrington
Officer — President and CEO · Director
Period of report
Apr 14, 2017
Accepted (ET)
Apr 18, 2017 · 9:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001407067
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 17, 2017 | A | 1,537 | $0.00 | A | 218,386 | D | |
| Common Stock | holding | — | — | — | 52,000 | I | By Spouse | |
| Common StockF2 | holding | — | — | — | 6,140 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3 | $37.35 | Apr 14, 2017 | A | 13,859 | A | — | Apr 14, 2027 | Common Stock | 13,859 | 13,859 | D |
Explanation of responses
- F1Includes 57,300 shares of Common Stock beneficially owned by Mr. Herrington jointly.
- F2As of March 31, 2017.
- F3The option vests in three equal annual installments beginning on April 14, 2018.