FIRST HORIZON CORP — Director's Dealing 2004

Feb 19, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST TENNESSEE NATIONAL CORP (FTN)
CIK: 0000036966
Period of Report: 2004-02-17

Reporting Person: HAMILTON JOHN H (EVP, Product Mgmt/Delivery Sys)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-17	Stock Options (Right to buy)	$22.87	A	2186	Acquired	2024-02-17	Common Stock (2186)	Direct
2004-02-17	Stock Options (Right to buy)	$45.73	A	6451	Acquired	2011-02-17	Common Stock (6451)	Direct

Footnotes

F1: Option granted in lieu of compensation. Exercise price = 50% of grant date FMV. 50% discount = amount of compensation deferred.

F2: Options are exercisable 50% after 3 yrs, 100% after 4 yrs, with vesting accelerated if issuer stock price equals or exceeds $62.54 on 2/17/07 or on 5 consecutive days before 2/18/07.