WOODWORTH LOUIS E 4
4 · FRANKLIN RESOURCES INC · Filed Feb 6, 2009
Insider Transaction Report
Form 4
WOODWORTH LOUIS E
Director
Transactions
- Award
Deferred Director's Fees (FRI)
2009-02-05$53.76/sh+27.902$1,500→ 5,965.707 totalExercise: $0.00From: 2009-04-20Exp: 2019-01-21→ Common Stock, par value $.10 (27.902 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 March 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 on the earlier of the January 20, April 20, July 20 or October 20 immediately following the director's separation from service from Franklin Resources, Inc. and its subsidiaries and continuing on each January 20, April 20, July 20 or October 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.