SEC Form 4 · accession 0001127602-15-030451
FRANKLIN TEMPLETON INC · BEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth A Lewis
Officer — EVP and CFO
Period of report
Nov 3, 2015
Accepted (ET)
Nov 5, 2015 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000038777
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.10F1 | Nov 3, 2015 | A | 21,498 | $41.40 | A | 130,310 | D | |
| Common Stock, par value $.10F2,F3,F1 | Nov 3, 2015 | A | 5,427 | $0.00 | A | 135,737 | D | |
| Common Stock, par value $.10F4 | holding | — | — | — | 1,829 | I | By 401(k) | |
| Common Stock, par value $.10F5 | holding | — | — | — | 17,678 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Of the amount of securities beneficially owned, 42,083 shares represent unvested restricted stock awards (which excludes the unvested restricted stock units scheduled to vest on December 1, 2015 as reported in Footnote 2).
- F2On November 5, 2012, November 4, 2013 and November 4, 2014, the Reporting Person was granted certain restricted stock units subject to vesting over a three-year period based upon satisfaction of certain performance criteria. On November 3, 2015, the Issuer's Compensation Committee certified that certain performance criteria with respect to the Issuer's fiscal year ended September 30, 2015 were achieved, and therefore the amount of shares reported in Column 4 are scheduled to vest on December 1, 2015.
- F3Not applicable.
- F4Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of October 15, 2015.
- F5Revocable family trust for which Reporting Person and spouse are co-trustees with shared voting and investment power.