SEC Form 4 · accession 0000899243-17-016394
Franklin Financial Network Inc. · FSB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Wynd
Director
Period of report
Jun 12, 2017
Accepted (ET)
Jun 14, 2017 · 5:02 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 | Jun 12, 2017 | M | 133 | $22.35 | A | 293 | D | |
| Common Stock | Jun 12, 2017 | M | 400 | $31.38 | A | 693 | D | |
| Common Stock | Jun 12, 2017 | M | 500 | $27.00 | A | 1,193 | D | |
| Common Stock | Jun 12, 2017 | F | 694 | $41.80 | D | 499 | D |
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)F1 | $22.35 | Jun 12, 2017 | M | 133 | D | — | Oct 1, 2025 | Common Stock | 133 | 534 | D |
| Stock Options (right to buy)F2 | $31.38 | Jun 12, 2017 | M | 400 | D | — | Jan 1, 2026 | Common Stock | 400 | 1,600 | D |
| Stock Options (right to buy)F3 | $27.00 | Jun 12, 2017 | M | 500 | D | — | Apr 1, 2026 | Common Stock | 500 | 2,000 | D |
Explanation of responses
- F1The option became exercisable as to 133 shares on October 1, 2016 and becomes exercisable as to the remaining 534 shares in four equal installments on each of October 1, 2017, October 1, 2018, October 1, 2019 and October 1, 2020.
- F2The option became exercisable as to 400 shares on January 1, 2017 and becomes exercisable as to the remaining 1,600 shares in four equal installments on each of January 1, 2018, January 1, 2019, January 1, 2020 and January 1, 2021.
- F3The option became exercisable as to 500 shares on April 1, 2017 and becomes exercisable as to the remaining 2,000 shares in four equal installments on each of April 1, 2018, April 1, 2019, April 1, 2020 and April 1, 2021.