0000899243-20-022857.txt : 20200818 0000899243-20-022857.hdr.sgml : 20200818 20200818214147 ACCESSION NUMBER: 0000899243-20-022857 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200815 FILED AS OF DATE: 20200818 DATE AS OF CHANGE: 20200818 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CROSS JAMES W IV CENTRAL INDEX KEY: 0001239015 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36895 FILM NUMBER: 201115212 MAIL ADDRESS: STREET 1: FRANKLIN FINANCIAL CORP STREET 2: 230 PUBLIC SQUARE CITY: FRANKLIN STATE: TN ZIP: 37064 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Franklin Financial Network Inc. CENTRAL INDEX KEY: 0001407067 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 208839445 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 722 COLUMBIA AVENUE CITY: Franklin STATE: TN ZIP: 37064 BUSINESS PHONE: 615-236-2265 MAIL ADDRESS: STREET 1: 722 COLUMBIA AVENUE CITY: Franklin STATE: TN ZIP: 37064 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-08-15 1 0001407067 Franklin Financial Network Inc. FSB 0001239015 CROSS JAMES W IV 722 COLUMBIA AVENUE FRANKLIN TN 37064 1 0 0 0 Common Stock 2020-08-15 4 D 0 50478 D 0 D Stock Options (right to buy) 22.35 2020-08-15 4 D 0 400 D 2025-10-01 Common Stock 400 0 D Stock Options (right to buy) 31.38 2020-08-15 4 D 0 400 D 2026-01-01 Common Stock 400 0 D Stock Options (right to buy) 27.00 2020-08-15 4 D 0 500 D 2026-04-01 Common Stock 500 0 D Stock Options (right to buy) 31.36 2020-08-15 4 D 0 500 D 2026-07-01 Common Stock 500 0 D Stock Options (right to buy) 37.40 2020-08-15 4 D 0 2500 D 2026-10-01 Common Stock 2500 0 D Stock Options (right to buy) 41.85 2020-08-15 4 D 0 2500 D 2027-01-01 Common Stock 2500 0 D Stock Options (right to buy) 37.35 2020-08-15 4 D 0 3125 D 2027-04-15 Common Stock 3125 0 D Stock Options (right to buy) 39.60 2020-08-15 4 D 0 3125 D 2027-07-15 Common Stock 3125 0 D Stock Options (right to buy) 34.30 2020-08-15 4 D 0 3125 D 2027-10-15 Common Stock 3125 0 D Stock Options (right to buy) 36.40 2020-08-15 4 D 0 3125 D 2028-01-15 Common Stock 3125 0 D Stock Options (right to buy) 32.95 2020-08-15 4 D 0 3000 D 2028-04-16 Common Stock 3000 0 D Stock Options (right to buy) 36.25 2020-08-15 4 D 0 3000 D 2028-07-16 Common Stock 3000 0 D Stock Options (right to buy) 36.78 2020-08-15 4 D 0 3000 D 2028-10-15 Common Stock 3000 0 D Stock Options (right to buy) 27.72 2020-08-15 4 D 0 2000 D 2029-01-15 Common Stock 2000 0 D Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), among the Issuer, FB Financial Corporation ("FB Financial"), and Paisley Acquisition Corporation, in exchange for the right to receive for each share of common stock, restricted stock, or restricted stock unit (1) 0.9650 shares of common stock, par value $1.00 per share, of FB Financial, having a market value of $29.52 per share as of the close of trading on August 14, 2020, the last trading day prior to the effective time of the merger (the "Effective Time"), and (2) $2.00 in cash (collectively, the "Merger Consideration"). Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in five equal annual installments beginning on October 1, 2016, was converted into the right to receive the Merger Consideration in respect of each "Net Share," defined as the number of shares determined by dividing (a) the product of (1) the excess, if any, of $30.13 over the per share exercise price of the option multiplied by (2) the number of shares underlying the option, by (b) $30.13. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in five equal annual installments beginning on January 1, 2017, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in five equal annual installments beginning on April 1, 2017, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in five equal annual installments beginning on July 1, 2017, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in five equal annual installments beginning on October 1, 2017, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in five equal annual installments beginning on January 1, 2018, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in five equal annual installments beginning on April 15, 2018, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in five equal annual installments beginning on July 15, 2018, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in five equal annual installments beginning on October 15, 2018, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in five equal annual installments beginning on January 15, 2019, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in three equal annual installments beginning on April 16, 2019, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in three equal annual installments beginning on July 16, 2019, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in three equal annual installments beginning on October 15, 2019, was converted into the right to receive the Merger Consideration in respect of each Net Share. Pursuant to the Merger Agreement, at the Effective Time, the option, which provided for vesting in three equal annual installments beginning on January 15, 2020, was converted into the right to receive the Merger Consideration in respect of each Net Share. /s/ Mandy Garland, Attorney-in-Fact 2020-08-18