SEC Form 4 · accession 0001140361-15-002787

Ben Franklin Financial, Inc. · BFFI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP and CLO of subsidiary bank

Period of report

Jan 22, 2015

Accepted (ET)

Jan 26, 2015 · 6:25 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001366925

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jan 22, 2015	J	1,246	$0.00	A	1,246	D
Common Stock	Jan 22, 2015	P	200	$10.00	A	1,446	D
Common Stock^F1	Jan 22, 2015	J	1,488	$0.00	A	1,488	I	By ESOP
Common Stock^F1	Jan 22, 2015	J	3,486	$0.00	A	3,486	I	By IRA

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F2,F3	$26.28	Jan 22, 2015	J	3,918	A	Apr 17, 2009	Apr 17, 2018	Common Stock	3,918	3,918	D

F1Pursuant to the Plan of Conversion and Reorganization of Ben Franklin Financial, MHC, each share of common stock of Ben Franklin Financial, Inc. (Federal corporation) was exchanged for 0.3562 shares of common stock of Ben Franklin Financial, Inc. (Maryland corporation).
F2Pursuant to the Plan of Conversion and Reorganization of Ben Franklin Financial, MHC, each option to purchase shares of common stock of Ben Franklin Financial, Inc. (Federal corporation) was converted into an option to purchase shares of common stock of Ben Franklin Financial, Inc. (Maryland corporation) by multiplying the number of shares subject to each option by the 0.3562 exchange ratio. The exercise price per share of each converted option was determined by dividing the exercise price of the option by the 0.3562 exchange ratio. All such options continue to vest based on their original terms.
F3Stock options vest at a rate of 20% per year commencing on April 17, 2009.