SEC Form 4 · accession 0001127602-16-061596
FIRST HORIZON CORP · FHN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E Kisber
Officer — President-FTN Financial
Period of report
Aug 29, 2016
Accepted (ET)
Aug 31, 2016 · 4:19 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 29, 2016 | M | 118,043 | $9.46 | A | 473,309 | D | |
| Common StockF1,F2 | Aug 29, 2016 | S | 118,043 | $15.253 | D | 355,266 | D | |
| Common Stock | Aug 30, 2016 | M | 126,214 | $11.85 | A | 481,480 | D | |
| Common Stock | Aug 30, 2016 | M | 76,317 | $11.85 | A | 557,797 | D | |
| Common Stock | Aug 30, 2016 | M | 135,656 | $9.46 | A | 693,453 | D | |
| Common StockF1,F3 | Aug 30, 2016 | S | 126,214 | $15.231 | D | 567,239 | D | |
| Common StockF1,F4 | Aug 30, 2016 | S | 76,317 | $15.247 | D | 490,922 | D | |
| Common StockF1,F5 | Aug 30, 2016 | S | 135,656 | $15.277 | D | 355,266 | D | |
| Common Stock | holding | — | — | — | 24,290 | I | 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 Options (Right to Buy) | $9.46 | Aug 29, 2016 | M | 118,043 | D | Feb 14, 2013 | Feb 14, 2019 | Common Stock | 118,043 | 135,656 | D |
| Stock Options (Right to Buy) | $11.85 | Aug 30, 2016 | M | 126,214 | D | Feb 11, 2012 | Feb 11, 2018 | Common Stock | 126,214 | 76,317 | D |
| Stock Options (Right to Buy) | $11.85 | Aug 30, 2016 | M | 76,317 | D | Feb 11, 2012 | Feb 11, 2018 | Common Stock | 76,317 | 0 | D |
| Stock Options (Right to Buy) | $9.46 | Aug 30, 2016 | M | 135,656 | D | Feb 14, 2013 | Feb 14, 2019 | Common Stock | 135,656 | 0 | D |
Explanation of responses
- F1Sale of option shares intended to cover the cost of exercise including taxes and for other purposes.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.25 to $15.26, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.20 to $15.28, 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.22 to $15.28, 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.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.13 to $15.32, 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.