SEC Form 4 · accession 0001127602-16-062098
FIRST HORIZON CORP · FHN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David T Popwell
Officer — President-Banking
Period of report
Sep 6, 2016
Accepted (ET)
Sep 7, 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 | Sep 6, 2016 | M | 41,924 | $11.85 | A | 299,844 | D | |
| Common StockF1,F2 | Sep 6, 2016 | S | 41,924 | $15.093 | D | 257,920 | D | |
| Common Stock | Sep 6, 2016 | M | 68,498 | $9.46 | A | 326,418 | D | |
| Common StockF1,F3 | Sep 6, 2016 | S | 68,498 | $15.129 | D | 257,920 | D | |
| Common Stock | holding | — | — | — | 2,291 | 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) | $11.85 | Sep 6, 2016 | M | 41,924 | D | Feb 11, 2012 | Feb 11, 2018 | Common Stock | 41,924 | 0 | D |
| Stock Options (Right to Buy) | $9.46 | Sep 6, 2016 | M | 68,498 | D | Feb 14, 2013 | Feb 14, 2019 | Common Stock | 68,498 | 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 $15.08 to $15.11, 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.
- F3Each 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 $15.12 to $15.16, 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.