FIRST HORIZON CORP — Director's Dealing 2003

Dec 1, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST TENNESSEE NATIONAL CORP (FTN)
CIK: 0000036966
Period of Report: 2003-11-26

Reporting Person: THOMAS ELBERT L JR (EVP & Interest Rate Risk Mgr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-26	Common Stock	M	4758	$32.96	Acquired	68276	Direct
2003-11-26	Common Stock	M	15163	$30.48	Acquired	83439	Direct
2003-11-26	Common Stock	F	3501	$44.8	Disposed	79938	Direct
2003-11-26	Common Stock	F	10317	$44.8	Disposed	69621	Direct
2003-11-26	Common Stock	S	6103	$44.81	Disposed	63518	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-26	Stock Options (Right to buy)	$30.48	M	15163	Disposed	2011-02-23	Common Stock (15163)	Direct
2003-11-26	Stock Options (Right to buy)	$32.96	M	4758	Disposed	2019-07-01	Common Stock (4758)	Direct
2003-11-26	Stock Options (Right to buy)	$44.8	A	10317	Acquired	2011-02-23	Common Stock (10317)	Direct
2003-11-26	Stock Options (Right to buy)	$44.8	A	3501	Acquired	2019-07-01	Common Stock (3501)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15738	Indirect
Common Stock	28848	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to buy)	$33.05	2019-02-23	Common Stock (19467)	19467	Direct
Stock Options (Right to buy)	$34.88	2008-04-21	Common Stock (6426)	6426	Direct
Stock Options (Right to buy)	$35.135	2020-03-01	Common Stock (16081)	16081	Direct
Stock Options (Right to buy)	$35.14	2009-02-26	Common Stock (12561)	12561	Direct
Stock Options (Right to buy)	$36.605	2004-04-21	Common Stock (1690)	1690	Direct
Stock Options (Right to buy)	$36.605	2006-04-18	Common Stock (5191)	5191	Direct
Stock Options (Right to buy)	$36.605	2016-07-01	Common Stock (6692)	6692	Direct
Stock Options (Right to buy)	$37.795	2007-04-16	Common Stock (5431)	5431	Direct
Stock Options (Right to buy)	$37.795	2017-02-24	Common Stock (11539)	11539	Direct
Stock Options (Right to buy)	$37.795	2017-07-01	Common Stock (4499)	4499	Direct
Stock Options (Right to buy)	$38.435	2010-03-01	Common Stock (8924)	8924	Direct
Stock Options (Right to buy)	$38.435	2017-01-02	Common Stock (6900)	6900	Direct
Stock Options (Right to buy)	$38.74	2010-03-03	Common Stock (12077)	12077	Direct
Stock Options (Right to buy)	$40.13	2009-04-20	Common Stock (10279)	10279	Direct
Stock Options (Right to buy)	$43.23	2018-02-19	Common Stock (13260)	13260	Direct
Stock Options (Right to buy)	$43.23	2018-07-01	Common Stock (5046)	5046	Direct
Stock Options (Right to buy)	$43.23	2020-01-03	Common Stock (4231)	4231	Direct
Stock Options (Right to buy)	$44.65	2018-01-02	Common Stock (3807)	3807	Direct
Stock Options (Right to buy)	$44.65	2019-01-04	Common Stock (5270)	5270	Direct
Stock Options (Right to buy)	$44.65	2022-02-26	Common Stock (4478)	4478	Direct

Footnotes

F1: End-of-period total includes adjustment reflecting exempt acquisitions under Issuer's 401(k) Plan. Information is as of the latest available statement.