GREEN BARBARA J 4
4 · FRANKLIN RESOURCES INC · Filed Nov 13, 2003
Insider Transaction Report
Form 4
GREEN BARBARA J
Vice President and Secretary
Transactions
- Award
Common Stock, par value $.10
2003-11-12+1,158→ 8,068.457 total - Award
Employee Stock Option (Right to Buy)
2003-11-12$48.98/sh+2,500$122,450→ 2,500 totalExercise: $48.98From: 2004-09-30Exp: 2013-11-11→ Common Stock, par value $.10 (2,500 underlying)
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''). Unvested balances for the fiscal year 2001, 2002 and 2003 are 344, 789 and 1,158 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]The option becomes exercisable in three approximately equal increments on each of September 30, 2004, September 30, 2005, and September 29, 2006.