WOODWORTH LOUIS E 4
4 · FRANKLIN RESOURCES INC · Filed Oct 16, 2007
Insider Transaction Report
Form 4
WOODWORTH LOUIS E
Director
Transactions
- Award
Deferred Director's Fees (FRI)
2007-10-15$137.00/sh+32.847$4,500→ 3,539.04 totalFrom: 2009-04-20Exp: 2019-01-21→ Common Stock, par value $.10 (32.847 underlying)
Footnotes (3)
- [F1]Not Applicable.
- [F2]Exercisable and expiration dates assume the director's separation from service from Franklin Resources, Inc. and its subsidiaries occurs in the January following the director's 75th birthday. See footnote below.
- [F3]Represents a hypothetical investment account calculation of deferred Franklin Resources, Inc.'s director's fees, under the 2006 Directors Deferred Compensation Plan, based upon the performance of Franklin Resources, Inc.'s stock (including reinvested dividends) payable in cash in substantially equal quarterly installments over ten years beginning the April 20 following the director's separation from service from Franklin Resources, Inc. and its subsidiaries and continuing on each July 20, October 20, January 20 and April 20 thereafter, except that if any such date is a Saturday, Sunday or holiday, then the quarterly installment shall be paid on the next business day. The reporting person may transfer the hypothetical investment account amount into an alternative investment account not based on the performance of Franklin Resources, Inc. stock effective as of the first day of any calendar quarter.