Merchant Thomas C 4
4 · FRANKLIN RESOURCES INC · Filed Nov 6, 2023
Insider Transaction Report
Form 4
Merchant Thomas C
EVP, General Counsel
Transactions
- Award
Common Stock, par value $.10
2023-11-02$23.53/sh+17,000$400,010→ 49,915 total - Award
Common Stock, par value $.10
2023-11-02+4,461→ 54,376 total
Footnotes (3)
- [F1]On November 3, 2022, the Reporting Person was granted certain restricted stock units subject to vesting over a three-year period based upon satisfaction of certain performance criteria. On November 2, 2023, the Issuer's Compensation Committee certified that certain performance criteria with respect to the Issuer's fiscal year ended September 30, 2023 were achieved, and therefore the amount of shares reported in Column 4 are scheduled to vest on December 1, 2023.
- [F2]Not applicable.
- [F3]Of the amount of securities beneficially owned, 36,201 shares represent unvested restricted stock unit awards (which excludes the unvested restricted stock units scheduled to vest on December 1, 2023 as reported in Footnote 1).