BAIO JAMES R 4
4 · FRANKLIN RESOURCES INC · Filed Sep 11, 2003
Insider Transaction Report
Form 4
BAIO JAMES R
SVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, par value $.10
2003-09-11$37.38/sh+8,334$311,525→ 25,074.231 total - Exercise/Conversion
Employee Stock Options (Right to Buy)
2003-09-11$38.38/sh−16,667$639,679→ 8,333 totalExercise: $38.38From: 2001-09-28Exp: 2010-11-16→ Common Stock, par value $.10 (16,667 underlying) - Sale
Common Stock, par value $.10
2003-09-11$44.30/sh−16,667$738,425→ 16,740.231 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2003-09-11$37.38/sh−8,334$311,525→ 16,666 totalExercise: $37.38From: 2002-09-30Exp: 2011-11-19→ Common Stock, par value $.10 (8,334 underlying) - Exercise/Conversion
Common Stock, par value $.10
2003-09-11$38.38/sh+16,667$639,679→ 33,407.231 total - Sale
Common Stock, par value $.10
2003-09-11$44.30/sh−8,334$369,235→ 16,740.231 total
Footnotes (3)
- [F1]Shares represent grants of awards of common stock under the Franklin Resources, Inc.'s 2002 Universal Stock Incentive Plan (the ''2002 Plan''), including unvested balances for fiscal years 2000, 2001 and 2002 of 484, 1,102 and 1,805 shares, respectively. The holder is entitled to receive dividends and vote such shares, however, such shares are subject to vesting requirements under the 2002 Plan.
- [F2]This report reflects the exercise of 8,334 shares out of a total of 25,000 shares available under an option granted on November 19, 2001. The remaining increments of 8,333 and 8,333 become exercisable on September 30, 2003 and September 30, 2004, respectively.
- [F3]This report reflects the exercise of 16,667 shares out of a total of 25,000 shares available under an option granted on November 16, 2000. The remaining 8,333 becomes exercisable on September 30, 2003.