FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Bibb Julian L. III
2. Date of Event Requiring Statement (MM/DD/YYYY)
4/1/2020 

3. Issuer Name and Ticker or Trading Symbol

Franklin Financial Network Inc. [FSB]
(Last)        (First)        (Middle)

722 COLUMBIA AVENUE
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Gen Counsel & Chief HR Ofcr /
(Street)

FRANKLIN, TN 37064      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common stock 3302 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee stock option (right to buy)  (2)4/16/2028 Common stock 2500 $32.9500 D  

Explanation of Responses:
(1) The shares reported represent an unfunded promise to deliver common stock to the reporting person upon vesting. Approximately 1,830 shares reported are subject to time-based vesting conditions and will vest in equal, one-third increments on April 15, 2020; April 15, 2021; and April 15, 2022. Approximately 1,472 shares reported are subject to time-based vesting conditions and will vest in equal, one-third increments on January 16, 2021; January 16, 2022; and January 16, 2023.
(2) The option became exercisable as to 834 shares on April 16, 2019 and becomes exercisable as to 833 shares on April 16, 2020 and 833 shares on April 16, 2021.

Remarks:
Exhibit List
Exhibit 24 Power of Attorney

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Bibb Julian L. III
722 COLUMBIA AVENUE
FRANKLIN, TN 37064


Gen Counsel & Chief HR Ofcr

Signatures
/s/ Mandy Garland per power of attorney4/10/2020
**Signature of Reporting PersonDate

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