SEC Form 4 · accession 0001127602-18-032205
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
Alok Sethi
Officer — Reg. S-K Executive Officer
Period of report
Nov 2, 2018
Accepted (ET)
Nov 6, 2018 · 3:08 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 $.10 | Nov 2, 2018 | A | 10,261 | $30.70 | A | 42,864 | D | |
| Common Stock, par value $.10F1,F2,F3 | Nov 2, 2018 | A | 3,986 | — | A | 46,850 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 3, 2015, November 1, 2016, November 3, 2017 and February 13, 2018, 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 2, 2018, the Issuer's Compensation Committee certified that certain performance criteria with respect to the Issuer's fiscal year ended September 30, 2018 were achieved, and therefore the amount of shares reported in number Column 4 are scheduled to vest on November 30, 2018.
- F2Not applicable.
- F3Of the amount of securities beneficially owned, 3,817 shares represent unvested restricted stock awards and 19,498 shares represent unvested stock unit awards (which exclude the unvested restricted stock units scheduled to vest on November 30, 2018 as reported in Footnote 1).