SULLIVAN MELODY J. exercised options at FRANKLIN FINANCIAL NETWORK INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 5 exercises

SULLIVAN MELODY J.

Filed: 8/18/2020ACC: 0000899243-20-022843

InsiderSULLIVAN MELODY J.CIK 1637768

→

IssuerFRANKLIN FINANCIAL NETWORK INC.CIK 1407067

Director

Since Jul 2018

-79.66K

Net shares

Net seller

$298.5K

Total acquired

Open market trades

0B · 0S

Total transactions

17.85K acquired · 97.51K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+900.00

Price / share

$10.50

Trade value

$9.45K

% of position

4.2%

8/13/2020

21.31K→22.21K

Common Stock

Direct

M · Option Exercise

+2.17K

Price / share

$12.00

Trade value

$26.10K

% of position

9.8%

8/13/2020

22.21K→24.39K

Common Stock

Direct

M · Option Exercise

+2.48K

Price / share

$13.00

Trade value

$32.17K

% of position

10.1%

8/13/2020

24.39K→26.86K

Common Stock

Direct

M · Option Exercise

+3.30K

Price / share

$13.50

Trade value

$44.55K

% of position

12.3%

8/13/2020

26.86K→30.16K

Common Stock

Direct

M · Option Exercise

+9K

Price / share

$20.69

Trade value

$186.21K

% of position

29.8%

8/13/2020

30.16K→39.16K

Common Stock

Direct

D · Disposition

−39.16K

Price / share

—

Trade value

—

% of position

New position

8/15/2020

39.16K→0.00

Total

Net shares

−21.31K

Net value

$298.49K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/13/2020	M · Option Exercise	+900.00	$10.50	$9.45K	4.2%	21.31K	22.21K
Common Stock Direct	8/13/2020	M · Option Exercise	+2.17K	$12.00	$26.10K	9.8%	22.21K	24.39K
Common Stock Direct	8/13/2020	M · Option Exercise	+2.48K	$13.00	$32.17K	10.1%	24.39K	26.86K
Common Stock Direct	8/13/2020	M · Option Exercise	+3.30K	$13.50	$44.55K	12.3%	26.86K	30.16K
Common Stock Direct	8/13/2020	M · Option Exercise	+9K	$20.69	$186.21K	29.8%	30.16K	39.16K
Common Stock Direct	8/15/2020	D · Disposition	−39.16K	—	—	New position	39.16K	0.00
Total			−21.31K		$298.49K

Derivative Transactions20

Stock Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

900.00 shares

−900.00

Strike price

10.50

Held after

0.00

Exercisable

—

8/13/2020

Stock Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.17K shares

−2.17K

Strike price

12.00

Held after

0.00

Exercisable

—

8/13/2020

Stock Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.48K shares

−2.48K

Strike price

13.00

Held after

0.00

Exercisable

—

8/13/2020

Stock Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.30K shares

−3.30K

Strike price

13.50

Held after

0.00

Exercisable

—

8/13/2020

Stock Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

9K shares

−9K

Strike price

20.69

Held after

0.00

Exercisable

—

8/13/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

2K shares

−2K

Strike price

22.94

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

2K shares

−2K

Strike price

22.35

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

2K shares

−2K

Strike price

31.38

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

2.50K shares

−2.50K

Strike price

27.00

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

2.50K shares

−2.50K

Strike price

31.36

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

2.50K shares

−2.50K

Strike price

37.40

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

2.50K shares

−2.50K

Strike price

41.85

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

3.13K shares

−3.13K

Strike price

37.35

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

3.13K shares

−3.13K

Strike price

39.60

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

3.13K shares

−3.13K

Strike price

34.30

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

3.13K shares

−3.13K

Strike price

36.40

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

3K shares

−3K

Strike price

32.95

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

3K shares

−3K

Strike price

36.25

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

3K shares

−3K

Strike price

36.78

Held after

0.00

Exercisable

—

8/15/2020

Stock Options (right to buy)

Direct

D · Disposition

Converts to

Common Stock

3K shares

−3K

Strike price

27.72

Held after

0.00

Exercisable

—

8/15/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Stock Options (right to buy) Direct	Common Stock900.00 shares	8/13/2020	M · Option Exercise	−900.00	10.50	—
Stock Options (right to buy) Direct	Common Stock2.17K shares	8/13/2020	M · Option Exercise	−2.17K	12.00	—
Stock Options (right to buy) Direct	Common Stock2.48K shares	8/13/2020	M · Option Exercise	−2.48K	13.00	—
Stock Options (right to buy) Direct	Common Stock3.30K shares	8/13/2020	M · Option Exercise	−3.30K	13.50	—
Stock Options (right to buy) Direct	Common Stock9K shares	8/13/2020	M · Option Exercise	−9K	20.69	—
Stock Options (right to buy) Direct	Common Stock2K shares	8/15/2020	D · Disposition	−2K	22.94	—
Stock Options (right to buy) Direct	Common Stock2K shares	8/15/2020	D · Disposition	−2K	22.35	—
Stock Options (right to buy) Direct	Common Stock2K shares	8/15/2020	D · Disposition	−2K	31.38	—
Stock Options (right to buy) Direct	Common Stock2.50K shares	8/15/2020	D · Disposition	−2.50K	27.00	—
Stock Options (right to buy) Direct	Common Stock2.50K shares	8/15/2020	D · Disposition	−2.50K	31.36	—
Stock Options (right to buy) Direct	Common Stock2.50K shares	8/15/2020	D · Disposition	−2.50K	37.40	—
Stock Options (right to buy) Direct	Common Stock2.50K shares	8/15/2020	D · Disposition	−2.50K	41.85	—
Stock Options (right to buy) Direct	Common Stock3.13K shares	8/15/2020	D · Disposition	−3.13K	37.35	—
Stock Options (right to buy) Direct	Common Stock3.13K shares	8/15/2020	D · Disposition	−3.13K	39.60	—
Stock Options (right to buy) Direct	Common Stock3.13K shares	8/15/2020	D · Disposition	−3.13K	34.30	—
Stock Options (right to buy) Direct	Common Stock3.13K shares	8/15/2020	D · Disposition	−3.13K	36.40	—
Stock Options (right to buy) Direct	Common Stock3K shares	8/15/2020	D · Disposition	−3K	32.95	—
Stock Options (right to buy) Direct	Common Stock3K shares	8/15/2020	D · Disposition	−3K	36.25	—
Stock Options (right to buy) Direct	Common Stock3K shares	8/15/2020	D · Disposition	−3K	36.78	—
Stock Options (right to buy) Direct	Common Stock3K shares	8/15/2020	D · Disposition	−3K	27.72	—