SEC Form 4 · accession 0001127602-16-065837
FRANKLIN TEMPLETON INC · BEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Vijay Chandur Advani
Officer — Co-President
Period of report
Nov 1, 2016
Accepted (ET)
Nov 2, 2016 · 3:07 pm EDT
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 $.10 | Nov 1, 2016 | A | 42,285 | $33.70 | A | 91,891 | D | |
| Common Stock, par value $.10F1,F2,F3 | Nov 1, 2016 | A | 13,546 | $0.00 | A | 105,437 | D | |
| Common Stock, par value $.10F4 | holding | — | — | — | 1,110 | I | By 401(k) | |
| Common Stock, par value $.10F5,F6 | holding | — | — | — | 342,520 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 4, 2013, November 4, 2014 and November 3, 2015, 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 1, 2016, the Issuer's Compensation Committee certified that certain performance criteria with respect to the Issuer's fiscal year ended September 30, 2016 were achieved, and therefore the amount of shares reported in Column 4 are scheduled to vest on December 1, 2016.
- F2Not applicable.
- F3Of the amount of securities beneficially owned, 90,748 shares represent unvested restricted stock awards (which excludes the unvested restricted stock units scheduled to vest on December 1, 2016 as reported on Footnote 1).
- F4Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of October 14, 2016.
- F5Since last filing, includes 28,972 shares previously reported by Reporting Person under direct shares.
- F6Revocable family trust for which Reporting Person and spouse are co-trustees with shared voting and investment power.