Gusmus Frank 4
4 · FIRST HORIZON NATIONAL CORP · Filed Nov 19, 2010
Insider Transaction Report
Form 4
Gusmus Frank
President-FTN Financial
Transactions
- Award
Salary Stock Units
2010-11-19+10,365→ 202,808 totalExercise: $0.00Exp: 2011-09-01→ Common Stock (10,365 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 half in February 2011 and half in August 2011 and paid half on or about March 1, 2011, and half on or about September 1, 2011.