SEC Form 4 · accession 0001140361-17-003044
Ben Franklin Financial, Inc. · BFFI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Steven Sjogren
Officer — Chairman, President and CEO · Director
Period of report
Jan 24, 2017
Accepted (ET)
Jan 26, 2017 · 5:09 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 StockF1 | Jan 24, 2017 | A | 1,562 | $0.00 | A | 19,849 | D | |
| Common Stock | holding | — | — | — | 3,562 | I | By Trust | |
| Common Stock | holding | — | — | — | 3,562 | I | By Spouse's Trust | |
| Common Stock | holding | — | — | — | 676 | I | By IRA | |
| Common StockF2 | holding | — | — | — | 2,275 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $10.70 | Jan 24, 2017 | A | 3,905 | A | Jan 24, 2018 | Jan 24, 2027 | Common Stock | 3,905 | 3,905 | D |
| Stock OptionsF4 | $26.28 | holding | — | — | — | Apr 17, 2009 | Apr 17, 2018 | Common Stock | 8,548 | 8,548 | D |
Explanation of responses
- F1Shares of restricted stock vest at a rate of 33 1/3% commencing on January 24, 2018.
- F2Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended
- F3Stock options vest at a rate of 33 1/3% commencing on January 24, 2018.
- F4Stock options are fully vested.