Statement of Changes in Beneficial Ownership (4)
14 8월 2020 - 7:29PM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Brockman Henry W. Jr. |
2. Issuer Name and Ticker or Trading Symbol
Franklin Financial Network Inc.
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FSB
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
722 COLUMBIA AVENUE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
8/11/2020 |
(Street)
FRANKLIN, TN 37064
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common stock | 8/11/2020 | | M | | 900 | A | $10.50 | 34118 | D | |
Common stock | 8/11/2020 | | M | | 2175 | A | $12 | 36293 | D | |
Common stock | 8/11/2020 | | M | | 2475 | A | $13 | 38768 | D | |
Common stock | 8/11/2020 | | M | | 3300 | A | $13.50 | 42068 | D | |
Common stock | 8/11/2020 | | M | | 9000 | A | $20.69 | 51068 | D | |
Common stock | 8/11/2020 | | M | | 2000 | A | $22.94 | 53068 | D | |
Common stock | 8/11/2020 | | M | | 1600 | A | $22.35 | 54668 | D | |
Common stock | 8/11/2020 | | M | | 2000 | A | $27 | 56668 | D | |
Common stock | 8/11/2020 | | M | | 1000 | A | $27.72 | 57668 | D | |
Common stock | 8/11/2020 | | M | | 1724 | A | $27.89 | 59392 | D | |
Common stock | | | | | | | | 8500 | I | by IRA |
Common stock | | | | | | | | 9125 | I | By spouse |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock options (right to buy) | $10.50 | 8/11/2020 | | M | | | 900 | 6/2/2012 (1) | 6/2/2021 | Common stock | 900 | $0 | 0 | D | |
Stock options (right to buy) | $12 | 8/11/2020 | | M | | | 2175 | 6/1/2013 (2) | 6/1/2022 | Common stock | 2175 | $0 | 0 | D | |
Stock options (right to buy) | $13 | 8/11/2020 | | M | | | 2475 | 5/31/2014 (3) | 5/31/2023 | Common stock | 2475 | $0 | 0 | D | |
Stock options (right to buy) | $13.50 | 8/11/2020 | | M | | | 3300 | 6/1/2015 (4) | 6/1/2024 | Common stock | 3300 | $0 | 0 | D | |
Stock options (right to buy) | $20.69 | 8/11/2020 | | M | | | 9000 | 4/30/2016 (5) | 4/30/2025 | Common stock | 9000 | $0 | 0 | D | |
Stock options (right to buy) | $22.94 | 8/11/2020 | | M | | | 2000 | 7/1/2016 (6) | 7/1/2025 | Common stock | 2000 | $0 | 0 | D | |
Stock options (right to buy) | $22.35 | 8/11/2020 | | M | | | 1600 | 10/1/2016 (7) | 10/1/2025 | Common stock | 1600 | $0 | 400 | D | |
Stock options (right to buy) | $27 | 8/11/2020 | | M | | | 2000 | 4/1/2018 (8) | 4/1/2026 | Common stock | 2000 | $0 | 500 | D | |
Stock options (right to buy) | $27.72 | 8/11/2020 | | M | | | 1000 | 1/15/2020 (9) | 1/15/2029 | Common stock | 1000 | $0 | 2000 | D | |
Stock options (right to buy) | $27.89 | 8/11/2020 | | M | | | 1724 | 4/15/2020 (10) | 4/15/2029 | Common stock | 1724 | $0 | 3447 | D | |
Explanation of Responses: |
(1) | The option became exercisable as to 180 shares on June 2, 2012; 180 shares on June 2, 2013; 180 shares on June 2, 2014; 180 shares on June 2, 2015; and 180 shares on June 2, 2013. |
(2) | The option became exercisable as to 435 shares on June 1, 2013; 435 shares on June 1, 2014; 435 shares on June 1, 2015; 435 shares on June 1, 2016; and 435 shares on June 1, 2017. |
(3) | The option became exercisable as to 495 shares on May 31, 2014; 495 shares on May 31, 2015; 495 shares on May 31, 2016; 495 shares on May 31, 2017; and 495 shares on May 31, 2018. |
(4) | The option became exercisable as to 660 shares on June 1, 2015; 660 shares on June 1, 2016; 660 shares on June 1, 2017; 660 shares on June 1, 2018, and 660 shares on June 1, 2019. |
(5) | The option became exercisable as to 1,800 shares on April 30, 2016; 1,800 shares on April 30, 2017; 1,800 shares on April 30, 2018; 1,800 shares on April 30, 2019, and 1,800 shares on April 30, 2020. |
(6) | The option became exercisable as to 400 shares on July 1, 2016; 400 shares on July 1, 2017; 400 shares on July 1, 2018; 400 shares on July 1, 2019, and 400 shares on July 1, 2020. |
(7) | The option became exercisable as to 400 shares on October 1, 2016; 400 shares on October 1, 2017; 400 shares on October 1, 2018, 400 shares on October 1, 2019; and becomes exercisable as to 400 shares on October 1, 2020. |
(8) | The option became exercisable as to 500 shares on April 1, 2017; 500 shares on April 1, 2018; 500 shares on April 1, 2019, 500 shares on April 1, 2020; and becomes exercisable as to 500 shares on April 1, 2021. |
(9) | The option became exercisable as to 1,000 shares on January 15, 2020; and becomes exercisable as to 1,000 shares on January 15, 2021; and 1,000 shares on January 15, 2022. |
(10) | The option became exercisable as to 1,724 shares on April 15, 2020; and becomes exercisable as to 1,724 shares on April 15, 2021; and 1,723 shares on April 15, 2022. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Brockman Henry W. Jr. 722 COLUMBIA AVENUE FRANKLIN, TN 37064 | X |
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Signatures
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/s/ Mandy Garland, pursuant to a power of attorney | | 8/13/2020 |
**Signature of Reporting Person | Date |
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