Eddie Jr. Maynard Form 3 Franklin Financial Network / Eddie Jr. Maynard ownership change

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Maynard Eddie Jr.

(Last) (First) (Middle)

722 COLUMBIA AVENUE

(Street)

FRANKLIN TN 37064

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/08/2019

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

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

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

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,228	D
Common Stock	133	I	by 401(k)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	(1)	05/31/2023	Common Stock	1,395	13	D
Employee Stock Option (right to buy)	(2)	04/15/2024	Common Stock	1,896	13.5	D
Employee Stock Option (right to buy)	(3)	04/30/2025	Common Stock	2,162	20.69	D
Employee Stock Option (right to buy)	(4)	04/01/2026	Common Stock	6,532	27	D
Employee Stock Option (right to buy)	(5)	04/14/2027	Common Stock	4,639	37.35	D
Employee Stock Opton (right to buy)	(6)	04/16/2028	Common Stock	5,084	32.95	D
Employee Stock Option (right to buy)	(7)	04/16/2028	Common Stock	2,000	32.95	D

Explanation of Responses:

1. The option became exercisable as of 279 shares as of 5/31/14, 279 shares as of 5/31/15, 279 shares as of 5/31/16, 279 shares as of 5/31/17, and 279 shares as of 5/31/18.

2. The option became available as to 379 shares as of 4/15/15, 379 shares as of 4/15/16, 379 shares as of 4/15/17, 380 shares as of 4/15/18, and becomes exercisable as to 379 shares as of 4/15/19.

3. The option became exercisable as to 432 shares as of 4/30/16, 432 shares as of 4/30/17, 433 shares as of 4/30/18 and becomes exercisable as to 433 shares as of 4/30/19 and 432 shares as of 4/30/20.

4. The option became exercisable as to 1306 shares on 4/1/17, 1306 shares on 4/1/18 and becomes exercisable as to 1307 shares on 4/1/19, 1307 shares on 4/1/20, and 1306 shares on 4/1/21.

5. The option became exercisable as to 1546 shares as of April 14, 2018 and becomes exercisable as to 1546 shares as of April 14, 2019 and 1547 shares as of April 14, 2020.

6. The option becomes exercisable as to 1694 shares as of 4/16/19, 1695 shares as of 4/16/20, and 1695 shares as of 4/16/21.

7. The option becomes exercisable as to 666 shares as of 4/16/19, 667 shares as of 4/16/20, and 667 shares as of 4/16/21.

Remarks:

Exhibit 24.1 - Power of Attorney

	/s/ Mandy Garland, pursuant to a power of attorney	03/18/2019
	** 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 5 (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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