SEC Form 4 · accession 0000899243-18-014124
Franklin Financial Network Inc. · FSB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sally P Kimble
Officer — See Remarks
Period of report
May 23, 2018
Accepted (ET)
May 25, 2018 · 4:46 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 23, 2018 | M | 2,500 | $12.00 | A | 16,995 | D | |
| Common Stock | May 23, 2018 | M | 3,019 | $13.00 | A | 20,014 | D | |
| Common Stock | May 23, 2018 | M | 4,547 | $13.50 | A | 24,561 | D | |
| Common Stock | May 23, 2018 | M | 4,000 | $13.50 | A | 28,561 | D | |
| Common Stock | May 23, 2018 | M | 300 | $20.69 | A | 28,861 | D | |
| Common Stock | May 23, 2018 | M | 3,583 | $20.69 | A | 32,444 | D | |
| Common Stock | May 23, 2018 | F | 7,330 | $36.15 | D | 25,114 | D | |
| Common StockF1 | holding | — | — | — | 239 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $12.00 | May 23, 2018 | M | 2,500 | D | — | Jun 1, 2022 | Common Stock | 2,500 | 0 | D |
| Employee Stock Option (right to buy)F3 | $13.00 | May 23, 2018 | M | 3,019 | D | — | May 31, 2023 | Common Stock | 3,019 | 755 | D |
| Employee Stock Option (right to buy)F4 | $13.50 | May 23, 2018 | M | 4,547 | D | — | Apr 15, 2024 | Common Stock | 4,547 | 1,137 | D |
| Employee Stock Option (right to buy)F5 | $13.50 | May 23, 2018 | M | 4,000 | D | — | Jul 31, 2024 | Common Stock | 4,000 | 0 | D |
| Employee Stock Option (right to buy)F6 | $20.69 | May 23, 2018 | M | 300 | D | — | Apr 30, 2025 | Common Stock | 300 | 200 | D |
| Employee Stock Option (right to buy)F6 | $20.69 | May 23, 2018 | M | 3,583 | D | — | Apr 30, 2025 | Common Stock | 3,583 | 2,389 | D |
Explanation of responses
- F1As of March 31, 2018.
- F2The option became exercisable as to 500 shares on June 1, 2013; 500 shares on June 1, 2014; 500 shares on June 1, 2015; 500 shares on June 1, 2016; and 500 shares on June 1, 2017.
- F3The option became exercisable as to 755 shares on May 31, 2014; 755 shares on May 31, 2015; 755 shares on May 31, 2016; and 755 shares on May 31, 2017; and becomes exercisable as to 754 shares on May 31, 2018.
- F4The option became exercisable as to 1,137 shares on April 15, 2015; 1,137 shares on April 15, 2016; 1,137 shares on April 15, 2017; and 1,137 shares on April 15, 2018; and becomes exercisable as to 1,136 shares on April 15, 2019.
- F5The option became exercisable as to 1,334 shares on July 31, 2015; 1,333 shares on July 31, 2016; and 1,333 shares on July 31, 2017.
- F6The option vests in five equal annual installments beginning on April 30, 2016. Three fifths of the option have vested.
Remarks
Executive Vice President and Chief Administrative Officer