Form 4 for BEN Franklin Resources
Accepted 2023-11-06 00:00:00 ET · period of report 2023-11-02 · accession 0001127602-23-026871 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-11-06 | 2023-11-02 | BEN | Spector Adam Benjamin | EVP, Head of Public Markets | A - Grant | $23.53 | +83.2K | 332.1K | +33% | +$1.96M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $.10 | 2023-11-02 | A | A | 69,593 | $23.53 | 318,486 | D | — | — | |
| 2 | Common | Common Stock, par value $.10 | 2023-11-02 | A | A | 13,584 | — | 332,070 | D | — | — | (F1) On November 8, 2021 and November 3, 2022, the Reporting Person was granted certain restricted stock units subject to vesting over a three-year period based upon satisfaction of certain performance criteria. On November 2, 2023, the Issuer's Compensation Committee certified that certain performance criteria with respect to the Issuer's fiscal year ended September 30, 2023 were achieved, and therefore the amount of shares reported in Column 4 are scheduled to vest on December 1, 2023. (F2) Not applicable. (F3) Of the amount of securities beneficially owned, 138,884 shares represent unvested restricted stock unit awards (which excludes the unvested restricted stock units scheduled to vest on December 1, 2023 as reported in Footnote 1). |