SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Wynd Benjamin

(Last)

(First)

(Middle)

722 COLUMBIA AVENUE

(Street)

FRANKLIN

37064

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Franklin Financial Network Inc. [ FSB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock	08/13/2020		M		401	A	$22.35	13,482	D
Common stock	08/13/2020		M		1,500	A	$27	14,982	D
Common stock	08/13/2020		M		1,000	A	$27.72	15,982	D
Common stock								126	I	Held by daughter.
Common stock								100	I	Held by son.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock options (right to buy)	$22.35	08/13/2020		M			401	⁽¹⁾	10/01/2025	Common stock	401	$0	133	D
Stock options (right to buy)	$27	08/13/2020		M			1,500	⁽²⁾	04/01/2026	Common stock	1,500	$0	500	D
Stock options (right to buy)	$27.72	08/13/2020		M			1,000	⁽³⁾	01/15/2029	Common stock	1,000	$0	2,000	D

Explanation of Responses:

1. The option became exercisable as to 134 shares on October 1, 2016; 134 shares on October 1, 2017; 133 shares on October 1, 2018, and 133 shares on October 1, 2019; and becomes exercisable as to 133 shares on October 1, 2020.

2. 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.

3. 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.

	/s/ Mandy Garland pursuant to a power of attorney	08/17/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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