X0306 4 2018-04-01 0 0001407067 Franklin Financial Network Inc. FSB 0001736272 Patel Anil 722 COLUMBIA AVENUE FRANKLIN TN 37064 1 0 0 0 Common Stock 2018-04-01 4 J 0 58002 A 58002 D Common Stock 2018-04-01 4 J 0 46402 A 46402 I By Wife Stock Option (right to buy) 27.13 2018-04-01 4 J 0 45153 A 2020-04-01 Common Stock 45153 45153 D On April 1, 2018 (the "Effective Date"), Civic Bank & Trust ("Civic") merged with and into Franklin Synergy Bank, a wholly-owned subsidiary of Franklin Financial Network, Inc. (the "Issuer") (the "Merger"). Effective as of the Effective Date, the reporting person was appointed to the Board of Directors of the Issuer. Pursuant to the terms of the Agreement and Plan of Reorganization and Bank Merger, as amended (the "Merger Agreement"), (i) each outstanding share of Civic common stock was exchanged for 0.3686 shares of the Issuer's common stock, and (ii) each option to purchase a share of common stock of Civic was converted into an option to purchase a share of common stock of the Issuer multiplied by 0.3686, and the exercise price of the resulting option became the exercise price of such option to purchase a share of Civic common stock divided by 0.3686. Received in exchange for 157,360 shares of Civic common stock in connection with the Merger. Received in exchange for 125,888 shares of Civic common stock in connection with the Merger. The option fully vested upon the consummation of the Merger pursuant to the terms of the reporting person's option agreement with Civic. Received in the Merger in exchange for a stock option to purchase 122,500 shares of Civic common stock for $10.00 per share. /s/ Lori Metrock, Attorney-in-Fact 2018-04-03