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FIRST HORIZON CORP Director's Dealing 2007

Jul 3, 2007

30536_dirs_2007-07-03_d21a91a5-9d36-4ce3-bbab-77a9a28083ce.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: FIRST HORIZON NATIONAL CORP (FHN)
CIK: 0000036966
Period of Report: 2007-07-01

Reporting Person: Olivier J Greg (EVP and Chief Credit Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 839 Direct
Common Stock 360 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options (Right to buy) $22.6 2014-07-01 Common Stock (1106) Direct
Stock Options (Right to buy) $39.66 2014-04-20 Common Stock (25781) Direct
Stock Options (Right to buy) $40.34 2012-04-22 Common Stock (2125) Direct
Stock Options (Right to buy) $40.71 2013-04-21 Common Stock (2088) Direct
Stock Options (Right to buy) $44.85 2011-07-20 Common Stock (7500) Direct
Stock Options (Right to buy) $45.73 2011-02-17 Common Stock (3198) 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.

F4: 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.

F3: Options are exercisable 50% after 3 yrs, 100% after 4 yrs.

F2: Option granted in lieu of compensation. Exercise price = 50% of grant date FMV. 50% discount = amount of compensation deferred.