Roach L Gerald 4
4 · Franklin Financial Corp · Filed Dec 27, 2012
Insider Transaction Report
Form 4
Roach L Gerald
Director
Transactions
- Award
Common Stock
2012-12-24$17.01/sh+183.675$3,125→ 7,129.1 total(indirect: By deferred compensation plan)
Holdings
- 18,055
Common Stock
- 15,000(indirect: Restricted Stock)
Common Stock
- 37,000
Stock Option (Right to Buy)
Exercise: $13.42Exp: 2022-03-29→ Common Stock (37,000 underlying)
Footnotes (2)
- [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]Stock options vest in five equal annual installments beginning on March 29, 2013, the first anniversary of the date of the grant.