SEC Form 4 · accession 0000899243-17-011968
Franklin Financial Network Inc. · FSB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sally E. Bowers
Officer — See Remarks
Period of report
May 3, 2017
Accepted (ET)
May 5, 2017 · 3:32 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 Stock | May 3, 2017 | M | 9,375 | $10.00 | A | 13,428 | D | |
| Common Stock | May 3, 2017 | M | 638 | $10.00 | A | 14,066 | D | |
| Common Stock | May 3, 2017 | F | 2,316 | $43.25 | D | 11,750 | D | |
| Common StockF1 | holding | — | — | — | 5,884 | 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)F2 | $10.00 | May 3, 2017 | M | 9,375 | D | — | Dec 20, 2017 | Common Stock | 9,375 | 0 | D |
| Stock Options (right to buy)F3 | $10.00 | May 3, 2017 | M | 638 | D | — | Feb 20, 2018 | Common Stock | 638 | 0 | D |
Explanation of responses
- F1As of March 31, 2017.
- F2The option became exercisable as to 1,875 shares on December 20, 2008; 1,875 shares on December 20, 2009; 1,875 shares on December 20, 2010; 1,875 shares on December 20, 2011; and 1,875 shares on December 20, 2012.
- F3The option became exercisable as to 128 shares on February 20, 2009; 128 shares on February 20, 2010; 128 shares on February 20, 2011; 127 shares on February 20, 2012; and 127 shares on February 20, 2013.
Remarks
Executive Vice President and Chief Mortgage Officer of Franklin Synergy Bank, a subsidiary of the Issuer.