FRANKLIN RESOURCES INC 4
4 · FRANKLIN RESOURCES INC · Filed Nov 13, 2003
Insider Transaction Report
Form 4
SIMS CHARLES R
Vice President
Transactions
- Award
Common Stock, par value $.10
2003-11-12+2,123→ 27,431.054 total - Award
Employee Stock Option (Right to Buy)
2003-11-12$48.98/sh+15,000$734,700→ 15,000 totalExercise: $48.98From: 2004-09-30Exp: 2013-11-11→ Common Stock, par value $.10 (15,000 underlying)
Footnotes (2)
- [F1]Shares represent grant of award of common stock under the Franklin Resources, Inc. 2002 Universal Stock Incentive Plan (the ''2002 Plan''). Unvested balances for the fiscal years 2001, 2002 and 2003 are 775, 1,879 and 2,123 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.