FIRST HORIZON CORP — Director's Dealing 2006

Feb 3, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST HORIZON NATIONAL CORP (FHN)
CIK: 0000036966
Period of Report: 2006-02-02

Reporting Person: MARTIN LARRY B (COO-First Tenn Financial Svcs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-02	Common Stock	M	7500	$15.47	Acquired	92865	Direct
2006-02-02	Common Stock	S	4186	$38.31	Disposed	88679	Direct
2006-02-02	Common Stock	S	7500	$38.36	Disposed	81179	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-02	Stock Options (Right to buy)	$15.47	M	7500	Disposed	2006-04-18	Common Stock (7500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	152	Indirect
Common Stock	488	Indirect

Footnotes

F1: 4/18/96 Grant: Options are exercisable 50% after 4 yrs, 100% after 5 yrs, with vesting accelerated if performance criteria (issuer stock price equals or exceeds $21.16 on 4/16/99 or on 5 consecutive days before 4/17/99) are met. Criteria were met and options vested on 2/21/97.