Gusmus Frank 4
4 · FIRST HORIZON NATIONAL CORP · Filed Jul 2, 2010
Insider Transaction Report
Form 4
Gusmus Frank
President-FTN Financial
Transactions
- Award
Salary Stock Units
2010-07-02+8,761→ 104,034 totalExercise: $0.00Exp: 2011-09-01→ Common Stock (8,761 underlying)
Footnotes (1)
- [F1]Salary stock units (SSUs) are issued bi-weekly 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 and paid half on or about March 1, 2011, and half on or about September 1, 2011.