Franklin Financial Network (FSB) Form 4 Franklin Financial Network / Dallas G. Jr. Caudle ownership change

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^*

Caudle Dallas G. Jr.

(Last) (First) (Middle)

722 COLUMBIA AVE.

(Street)

FRANKLIN TN 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2018

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/31/2018		M		1,917	A	$20.69	35,155	D
Common Stock	07/31/2018		M		1,152	A	$27	36,307	D
Common Stock	07/31/2018		M		528	A	$37.35	36,835	D
Common Stock	07/31/2018		F		1,317	D	$38.6	35,518	D
Common Stock								63	I	by Spouse
Common Stock								893(1)	I	By 401(k)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (right to buy)	$20.69	07/31/2018		M			1,917	(2)	04/30/2025	Common Stock	1,917	$0.00	1,278	D
Stock Options (right to buy)	$27	07/31/2018		M			1,152	(3)	04/01/2026	Common Stock	1,152	$0.00	1,728	D
Stock Options (right to buy)	$37.35	07/31/2018		M			528	(4)	04/14/2027	Common Stock	528	$0.00	1,055	D

Explanation of Responses:

1. As of March 31, 2018.

2. The option vests in five equal annual installments beginning on April 30, 2016.

3. The option vests in five equal annual installments beginning on April 1, 2017.

4. The option vests in three equal annual installments beginning on April 14, 2018.

Remarks:

Executive Vice President, Rutherford County Community President of Franklin Synergy Bank, a subsidiary of the Issuer. Exhibit 24.1 Power of Attorney.

	/s/ Nathanael P. Kibler, Attorney-in-Fact	08/01/2018
	** 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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