SEC Form 4 · accession 0001437749-19-001536
Franklin Financial Network Inc. · FSB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin A. Herrington
Officer — See Remarks
Period of report
Jan 28, 2019
Accepted (ET)
Jan 30, 2019 · 2:20 pm 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 stock | Jan 28, 2019 | M | 3,000 | $10.00 | A | 22,269 | D | |
| common stock | Jan 29, 2019 | S | 500 | $32.57 | D | 21,769 | D | |
| common stock | holding | — | — | — | 10 | I | by minor children | |
| common stockF1 | holding | — | — | — | 3,150 | 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 buy)F2 | $10.00 | Jan 28, 2019 | M | 3,000 | D | — | Jul 22, 2020 | common stock | 3,000 | 3,015 | D |
Explanation of responses
- F1As of September 30, 2018.
- F2The option became exercisable as to 1,203 shares on July 22, 2011; 1,203 shares on July 22, 2012; 1,203 shares on July 22, 2013; 1,203 shares on July 22, 2014; and 1,203 shares on July 22, 2015.
Remarks
Executive Vice President, Chief Operating Officer of Franklin Synergy Bank, a subsidiary of the Issuer