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FIRST HORIZON CORP — Director's Dealing 2011
Dec 30, 2011
30536_dirs_2011-12-30_a530970a-a6ae-4d6b-be32-a89d29c9d1b5.zip
Director's Dealing
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SEC Form 3/A — Form 3/A
Issuer: FIRST HORIZON NATIONAL CORP (FHN)
CIK: 0000036966
Period of Report: 2011-07-18
Reporting Person: POPWELL DAVID T (EVP-Regional Bkg & Bkg COO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 153895 | Direct |
| Common Stock | 1270 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Salary Stock Units | $0 | Common Stock (14447) | Direct | ||
| Salary Stock Units | $0 | Common Stock (7865) | Direct | ||
| Stock Options (Right to Buy) | $31.266 | 2014-07-20 | Common Stock (12003) | Direct | |
| Stock Options (Right to Buy) | $31.266 | 2014-07-20 | Common Stock (33010) | Direct | |
| Stock Options (Right to Buy) | $10.93 | 2015-04-18 | Common Stock (24007) | Direct | |
| Stock Options (Right to Buy) | $11.85 | 2018-02-11 | Common Stock (41924) | Direct |
Footnotes
F1: Of the total balance, 82,601 are unvested restricted shares. Of this unvested balance, 5,254 shares will vest on July 20, 2011, 15,588 shares will vest on March 5, 2012, 6,199 shares will vest on February 26, 2013, 15,599 shares will vest on March 5, 2013, 16,877 shares will vest on February 11, 2014, 6,206 shares will vest on February 26, 2014, and 16,878 shares will vest on February 11, 2015. The total balance also includes a grant of 16,801 performance restricted shares which will forfeit unless issuer achieves certain performance criteria; otherwise, the 16,801 shares will vest on February 25, 2012. Additionally, the total balance includes 46,783 stock units which will vest 50% on March 5, 2012 and 50% on March 5, 2013.
F2: Salary stock units (SSUs) were issued bi-weekly in 2010 as a portion of the reporting person's salary compensation. An SSU represents the right to receive a cash payment equal to the future value of a share of FHN common stock. SSUs issued in 2010 will be valued during June 2012 and will be paid in July or August, but not later than August 20, 2012.
F3: Salary stock units (SSUs) are issued quarterly as a portion of the reporting person's salary compensation. An SSU represents the right to receive a cash payment equal to the future value of a share of FHN common stock. SSUs credited for the first two quarters of 2011 will be paid in June or July 2012.