X0306 4 2018-03-15 0 0001407067 Franklin Financial Network Inc. FSB 0001239015 CROSS JAMES W IV 722 COLUMBIA AVENUE FRANKLIN TN 37064 1 0 0 0 Common Stock 2018-03-15 4 M 0 450 10.00 A 21450 D Common Stock 2018-03-15 4 M 0 900 10.50 A 22350 D Common Stock 2018-03-15 4 M 0 2175 12.00 A 24525 D Common Stock 2018-03-15 4 S 0 3525 32.66 D 21000 D Stock Option (right to buy) 10.00 2018-03-15 4 M 0 450 0.00 D 2020-07-22 Common Stock 450 0 D Stock Option (right to buy) 10.50 2018-03-15 4 M 0 900 0.00 D 2021-06-02 Common Stock 900 0 D Stock Option (right to buy) 12.00 2018-03-15 4 M 0 2175 0.00 D 2022-06-01 Common Stock 2175 0 D The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.60 to $32.80, inclusive. The reporting person undertakes to provide to Franklin Financial Network, Inc. (the "Issuer"), any security holder of the Issuer, 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 set forth in this footnote (1) to this Form 4. The option became exercisable as to 90 shares on July 22, 2011; 90 shares on July 22, 2012; 90 shares on July 22, 2013; 90 shares on July 22, 2014; and 90 shares on July 22, 2015. 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, 2016. 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. /s/ Lori Metrock, Attorney-in-Fact 2018-03-19