SEC Form 4 · accession 0000899243-18-002602
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
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 11:15 am EST
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 | Jan 31, 2018 | M | 3,508 | $10.00 | A | 257,369 | D | |
| Common Stock | holding | — | — | — | 52,000 | I | By Spouse | |
| Common StockF2 | holding | — | — | — | 6,427 | 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 Option (right to purchase)F3 | $10.00 | Jan 31, 2018 | M | 3,508 | D | — | Feb 20, 2018 | Common Stock | 3,508 | 0 | D |
Explanation of responses
- F1Includes 57,300 shares of Common Stock beneficially owned by Mr. Herrington jointly.
- F2Based on a plan statement dated as of September 30, 2017.
- F3The option became exercisable as to 702 shares on February 20, 2009; 702 shares on February 20, 2010; 702 shares on February 20, 2011; 701 shares on February 20, 2012; and 701 shares on February 20, 2013.