SEC Form 4 · accession 0001127602-16-066000
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
Gregory E Johnson
Officer — Chairman and CEO · Director
Period of report
Nov 1, 2016
Accepted (ET)
Nov 3, 2016 · 2:51 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 | 89,021 | $33.70 | A | 2,153,824 | D | |
| Common Stock, par value $.10F1,F2,F3 | Nov 1, 2016 | A | 21,373 | $0.00 | A | 2,175,197 | D | |
| Common Stock, par value $.10F4 | holding | — | — | — | 67,708 | I | As A Trustee For Minor Child | |
| Common Stock, par value $.10F5 | holding | — | — | — | 4,946 | I | By 401(k) | |
| Common Stock, par value $.10F6 | holding | — | — | — | 2,565,000 | I | By Business Limited Partnership | |
| Common Stock, par value $.10F7 | holding | — | — | — | 8,100 | I | By Business Trust | |
| Common Stock, par value $.10F8 | holding | — | — | — | 17,307 | I | By Spouse | |
| Common Stock, par value $.10F9 | holding | — | — | — | 396,000 | I | By Venture Limited Partnership |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 4, 2013 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, 225,161 shares represent unvested restricted stock awards (which excludes the unvested restricted stock units scheduled to vest on December 1, 2016 as reported in Footnote 1)
- F4Shares held by Reporting Person as trustee for Reporting Person's minor children. Reporting Person disclaims beneficial ownership of such shares.
- F5Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of October 14, 2016.
- F6Business limited partnership under control of Reporting Person.
- F7Business trust for the benefit of Reporting Person and Reporting Person's children.
- F8Shares held by Reporting Person's spouse. Reporting Person disclaims beneficial ownership of such shares.
- F9Limited partnership under control of Reporting Person, and owned in part by irrevocable trusts for the benefit of Reporting Person's children. Reporting Person disclaims beneficial ownership of the children's trusts.