Franklin Financial Corp 4

4 · Franklin Financial Corp · Filed Oct 7, 2014

Form 4

Period: 2014-10-04

Treasurer/Secretary

Transactions

Holdings

Common Stock
(indirect: By ESOP)
6,740.963
Common Stock
(indirect: Restricted Stock)
30,000
Stock Option (Right to Buy)
Exercise: $18.40From: 2014-10-04Exp: 2023-10-04→ Common Stock (44,100 underlying)
44,100
Common Stock
(indirect: By deferred compensation plan)
51,198.421
Common Stock
(indirect: Restricted Stock II)
13,600
Stock Option (Right to Buy)
Exercise: $13.42Exp: 2022-03-29→ Common Stock (125,000 underlying)
125,000

Footnotes (5)

[F1]On October 4, 2014, 3,400 shares of restricted stock vested and were reported as held directly. Also on October 4, 2014, the reporting person tendered 1,125 of his directly held shares to Franklin Financial Corporation for tax withholding purposes, leaving a beneficial ownership amount of 45,430 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.

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