4//SEC Filing
Franklin Financial Corp 4
Accession 0001225208-14-021402
CIK 0001505823operating
Filed
Oct 6, 8:00 PM ET
Accepted
Oct 7, 4:00 PM ET
Size
12.4 KB
Accession
0001225208-14-021402
Insider Transaction Report
Form 4
Lohr Steven R
Vice President
Transactions
- Tax Payment
Common Stock
2014-10-04$18.97/sh−734$13,924→ 9,540 total
Holdings
- 25,661.136(indirect: By deferred compensation plan)
Common Stock
- 39,717(indirect: By IRA)
Common Stock
- 15,311(indirect: By Spouse)
Common Stock
- 30,000(indirect: Restricted Stock)
Common Stock
- 30,000
Stock Option (Right to Buy)
Exercise: $18.40From: 2014-10-04Exp: 2023-10-04→ Common Stock (30,000 underlying) - 6,999.495(indirect: By ESOP)
Common Stock
- 8,880(indirect: Restricted Stock II)
Common Stock
- 125,000
Stock Option (Right to Buy)
Exercise: $13.42Exp: 2022-03-29→ Common Stock (125,000 underlying)
Footnotes (5)
- [F1]On October 4, 2014, 2,220 shares of restricted stock vested and were reported as held directly. Also on October 4, 2014, the reporting person tendered 734 of his directly held shares to Franklin Financial Corporation for tax withholding purposes, leaving a beneficial ownership amount of 9,540 shares held directly.
- [F2]Shares vest at a rate of 10,000 annually (20% of the original grant) beginning on March 29, 2013, 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. The Board of Directors has deemed that the performance metrics have been met for the October 1, 2013 to September 30, 2015 performance periods.
- [F3]Restricted stock vests in five equal annual installments, beginning on October 4, 2014, the first anniversary of the date of the award.
- [F4]Stock options vest in five equal annual installments beginning on March 29, 2013, the first anniversary of the date of the grant.
- [F5]Stock options vest in five equal annual installments beginning on October 4, 2014, the first anniversary of the date of the grant.
Documents
Issuer
Franklin Financial Corp
CIK 0001505823
Entity typeoperating
Related Parties
1- filerCIK 0001505823
Filing Metadata
- Form type
- 4
- Filed
- Oct 6, 8:00 PM ET
- Accepted
- Oct 7, 4:00 PM ET
- Size
- 12.4 KB