FIRST HORIZON CORP — Director's Dealing 2008

Jan 22, 2008

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: FIRST HORIZON NATIONAL CORP (FHN)
CIK: 0000036966
Period of Report: 2008-01-21

Reporting Person: McDougall Marion L (EVP Enterprise Ops and Tech)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6835	Direct
Common Stock	1167	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to buy)	$22.53	2021-01-02	Common Stock (1458)		Direct
Stock Options (Right to buy)	$22.87	2014-02-17	Common Stock (2186)		Direct
Stock Options (Right to buy)	$28.63	2009-10-19	Common Stock (3056)		Direct
Stock Options (Right to buy)	$30.48	2011-02-23	Common Stock (4183)		Direct
Stock Options (Right to buy)	$30.48	2011-02-23	Common Stock (6492)		Direct
Stock Options (Right to buy)	$35.14	2012-02-26	Common Stock (7897)		Direct
Stock Options (Right to buy)	$35.14	2009-02-26	Common Stock (5800)		Direct
Stock Options (Right to buy)	$38.74	2010-03-03	Common Stock (5418)		Direct
Stock Options (Right to buy)	$39.66	2014-04-20	Common Stock (3375)		Direct
Stock Options (Right to buy)	$40.13	2009-04-20	Common Stock (3159)		Direct
Stock Options (Right to buy)	$40.34	2012-04-22	Common Stock (3375)		Direct
Stock Options (Right to buy)	$40.71	2013-04-21	Common Stock (2457)		Direct
Stock Options (Right to buy)	$45.73	2011-02-17	Common Stock (4705)		Direct

Footnotes

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

F2: Options are exercisable 50% after 4 yrs, 100% after 5 yrs, with vesting accelerated if performance criteria (issuer stock price equals or exceeds $41.69 on 2/23/04 or on 5 consecutive days before 2/24/04) are met. Criteria were met and options vested on 4/25/03.

F1: Option granted in lieu of compensation. Exercise price = 80% of grant date FMV. 20% discount = amount of compensation deferred.

F4: Options are exercisable 50% after 4 yrs, 100% after 5 yrs.