SEC Form 4 · accession 0001127602-16-042093
FRANKLIN TEMPLETON INC · BEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geoffrey Y Yang
Director
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 1:37 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 | Feb 17, 2016 | A | 3,649 | $34.26 | A | 15,453 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Director's Fees (FRI)F4,F2,F3 | — | Feb 16, 2016 | A | 89 | A | Apr 20, 2035 | Apr 20, 2035 | Common Stock, par value $.10 | 89 | 11,730 | D |
Explanation of responses
- F1Shares represent a grant of common stock under Franklin Resources, Inc.'s 2002 Universal Stock Incentive Plan, as amended and restated.
- F2Not applicable.
- F3Exercisable and expiration dates assume the director's separation from service from Franklin Resources, Inc. and its subsidiaries occurs in the February following the director's 75th birthday. See footnote below.
- F4Represents a hypothetical investment account calculation of deferred Franklin Resources Inc.'s director's fees, under the 2006 Director Deferred Compensation Plan, based upon the performance of Franklin Resources Inc.'s stock (including reinvested dividends) payable in one payment following the director's separation from service from Franklin Resources, Inc. and its subsidiaries. Reporting Person may transfer the hypothetical investment account amount into an alternative investment account(s) not based on the performance of Franklin Resources, Inc. stock effective as of the first day of any calendar quarter.