SEC Form 4 · accession 0001209191-15-008833
FRANKLIN LTD DURATION INCOME TRUST · FTF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
CITIGROUP INC
10% Owner
Period of report
Feb 2, 2015
Accepted (ET)
Feb 3, 2015 · 4:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001233087
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Auction Rate PreferredF1 | Feb 2, 2015 | P | 1 | $85.00 | A | 1,777 | I | By Subsidiary |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Auction Rate Preferred Shares ("Shares") reported in Table I represent Shares beneficially owned by Citigroup Global Markets Inc.("CGMI"). Citigroup Financial Products Inc. ("CFP") is the sole stockholder of CGMI. Citigroup Global Markets Holdings Inc.("CGMH") is the sole stockholder of CFP. Citigroup Inc. is the sole stockholder of CGMH.
Remarks
These Shares represent the Reporting Person's combined holdings in multiple series of auction rate preferred securities of the issuer which are treated herein as one class of securities consistent with the Reporting Person's prior Section 16 filings made in respect of the issuer.