BAIO JAMES R 4
4 · FRANKLIN RESOURCES INC · Filed Oct 2, 2003
Insider Transaction Report
Form 4
BAIO JAMES R
SVP & Chief Financial Officer
Transactions
- Sale
Common Stock, par value $.10
2003-10-01$44.20/sh−532$23,514→ 16,208.231 total
Footnotes (2)
- [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 2001 and 2002 of 551 and 1,203 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]Shares were sold to Franklin Resources, Inc. in connection with the vesting of a prior award under the 2002 Plan in order to make a tax payment.