Sec Form 4 Filing - McDaniel David J. @ Franklin Financial Network Inc. - 2020-08-10

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person McDaniel David J. 2. Issuer Name and Ticker or Trading Symbol Franklin Financial Network Inc. [ FSB] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) See Remarks (Last) (First) (Middle) 722 COLUMBIA AVE. 3. Date of Earliest Transaction (MM/DD/YY) 08/10/2020 (Street) FRANKLIN, TN37064 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common stock 08/10/2020 M 6,328 A $ 12 33,770 D Common stock 08/10/2020 M 3,914 A $ 13 37,684 D Common stock 08/10/2020 M 6,394 A $ 13.5 44,078 D Common stock 2,956 ( 1 ) I by 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock option (right to buy) $ 12 08/10/2020 M 6,328 ( 2 ) 06/01/2022 Common stock 6,328 $ 0 0 D Stock option (right to buy) $ 13 08/10/2020 M 3,914 ( 3 ) 05/31/2023 Common stock 3,914 $ 0 0 D Stock option (right to buy) $ 13.5 08/10/2020 M 6,394 ( 4 ) 04/15/2024 Common stock 6,394 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other McDaniel David J. 722 COLUMBIA AVE. FRANKLIN, TN37064 See Remarks Signatures /s/ Mandy Garland, pursuant to a power of attorney 08/12/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Based on a plan statement dated August 10, 2020. ( 2 )The option became exercisable as to 1,266 shares on June 1, 2013; 1,265 shares on June 1, 2014; 1,266 shares on June 1, 2015; 1,265 shares on June 1, 2016; and 1266 shares on June 1, 2017. ( 3 )The option became exercisable as to 783 shares on May 31, 2014; 783 shares on May 31, 2015; 783 shares on May 31, 2016; 783 shares on May 31, 2017 and 782 shares on May 31, 2018. ( 4 )The option became exercisable as to 1,279 shares as of April 15, 2015; 1,279 shares as of April 15, 2016; 1,279 shares as of April 15, 2017; 1,279 shares as of April 15, 2018; and 1,278 shares as of April 15, 2019.

Remarks: Chief Lending Officer of Franklin Synergy Bank, a subsidiary of the issuer.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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