SEC Form 4 · accession 0001127602-16-061484
FIRST HORIZON CORP · FHN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles T Tuggle Jr.
Officer — EVP and General Counsel
Period of report
Aug 26, 2016
Accepted (ET)
Aug 30, 2016 · 4:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000036966
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 26, 2016 | M | 84,566 | $9.46 | A | 309,238 | D | |
| Common Stock | Aug 26, 2016 | M | 57,654 | $11.85 | A | 366,892 | D | |
| Common StockF1,F2 | Aug 26, 2016 | S | 84,566 | $15.042 | D | 282,326 | D | |
| Common StockF1,F2 | Aug 26, 2016 | S | 57,654 | $15.006 | D | 224,672 | D | |
| Common Stock | holding | — | — | — | 8,360 | I | 401(k) Plan |
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) | $9.46 | Aug 26, 2016 | M | 84,566 | D | Feb 14, 2013 | Feb 14, 2019 | Common Stock | 84,566 | 0 | D |
| Stock Options (Right to Buy) | $11.85 | Aug 26, 2016 | M | 57,654 | D | Feb 11, 2012 | Feb 11, 2018 | Common Stock | 57,654 | 0 | D |
Explanation of responses
- F1Sale of option shares intended to cover the cost of exercise including taxes and for other purposes.
- F2Each of the prices reported in Column 4 is a weighted average price. In the aggregate, these shares were sold in multiple transactions at prices ranging from $14.975 to $15.165, inclusive. The reporting person undertakes to provide First Horizon National Corporation, any security holder of First Horizon National Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges referenced in this footnote.