Home/Filings/4/0001225208-12-008684
4//SEC Filing

MACKEY WARREN A 4

Accession 0001225208-12-008684

CIK 0001505823other

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 4:41 PM ET

Size

8.1 KB

Accession

0001225208-12-008684

Insider Transaction Report

Form 4
Period: 2012-03-29
Transactions
  • Award

    Stock Option (Right to Buy)

    2012-03-29+37,00037,000 total
    Exercise: $13.42Exp: 2022-03-29Common Stock (37,000 underlying)
  • Award

    Common Stock

    2012-03-29+15,00015,000 total(indirect: Restricted Stock)
Holdings
  • Common Stock

    (indirect: By Partnership)
    1,110,536
Footnotes (3)
  • [F1]Shares vest at a rate of 20% annually beginning on March 29, 2013, in each case, subject to the achievement of certain performance metrics over an October 1 to September 30 annual performance period. Any portion of an award not vested in prior years may vest on a later vesting date during the performance period if, as of such date, the Issuer has met the specified performance target. Any shares not vested after the fifth vesting date will be forfeited.
  • [F2]Shares are benefically owned in the aggreagte by Homestead Partners LP, Homestead Odyssey Partners LP and Arles Partners LP. Arles Advisors Inc in its capacity as general partner to the three limited partnerships, may also be deemed to be the beneficial owner of such shares. The reporting person is the President and sole shareholder of Arles Advisors Inc.
  • [F3]Stock options vest in five equal annual installments beginning on March 29, 2013, the first anniversary of the date of the grant.

Documents

1 file

Issuer

Franklin Financial Corp

CIK 0001505823

Entity typeother

Related Parties

1
  • filerCIK 0001068071

Filing Metadata

Form type
4
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:41 PM ET
Size
8.1 KB