CUSIP No. 058246109
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Baldwin Piano & Organ Company
(Name of Issuer)
Common Stock (Par Value $.01)
(Title of Class of Securities)
058246109
(CUSIP Number)
Barbara J. Green
Franklin Advisory Services, LLC
One Franklin Parkway
San Mateo, California 94403-1906
(650) 312-3000
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
October 21, 2002 and February 14, 2006
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13.d-1(g), check the following box [_].
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
CUSIP No. 058246109
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 058246109
1. NAMES OF REPORTING PERSONS.
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). |
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Franklin Advisory Services, LLC |
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)o | |
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(b)x |
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3. SEC USE ONLY
4. SOURCE OF FUNDS
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See Item 3 |
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
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PURSUANT TO ITEMS 2(d) OR 2(e) o |
6. CITIZENSHIP OR PLACE OF ORGANIZATION
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Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7. SOLE VOTING POWER
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0 (See Item 5) |
8. SHARED VOTING POWER
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(See Item 5) |
9. SOLE DISPOSITIVE POWER
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0 (See Item 5) |
10. SHARED DISPOSITIVE POWER
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(See Item 5) |
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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0 (See Item 5) |
CUSIP No. 058246109
12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
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CERTAIN SHARES o |
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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0.0% |
14. TYPE OF REPORTING PERSON
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IA |
CUSIP No. 058246109
1. NAMES OF REPORTING PERSONS.
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). |
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Franklin Resources, Inc. |
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)o | |
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(b)x |
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3. SEC USE ONLY
4. SOURCE OF FUNDS
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See Item 3 |
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
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PURSUANT TO ITEMS 2(d) OR 2(e) o |
6. CITIZENSHIP OR PLACE OF ORGANIZATION
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Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7. SOLE VOTING POWER
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(See Item 5) |
8. SHARED VOTING POWER
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(See Item 5) |
9. SOLE DISPOSITIVE POWER
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(See Item 5) |
10. SHARED DISPOSITIVE POWER
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(See Item 5) |
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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0 (See Item 5) |
CUSIP No. 058246109
12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
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CERTAIN SHARES o |
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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0.0% |
14. TYPE OF REPORTING PERSON
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HC; CO |
CUSIP No. 058246109
1. NAMES OF REPORTING PERSONS.
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). |
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Charles B. Johnson |
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)o | |
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(b)x |
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3. SEC USE ONLY
4. SOURCE OF FUNDS
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See Item 3 |
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
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PURSUANT TO ITEMS 2(d) OR 2(e) o |
6. CITIZENSHIP OR PLACE OF ORGANIZATION
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USA |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7. SOLE VOTING POWER
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(See Item 5) |
8. SHARED VOTING POWER
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(See Item 5) |
9. SOLE DISPOSITIVE POWER
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(See Item 5) |
10. SHARED DISPOSITIVE POWER
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(See Item 5) |
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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0 (See Item 5) |
CUSIP No. 058246109
12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
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CERTAIN SHARES o |
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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0.0% |
14. TYPE OF REPORTING PERSON
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HC; IN |
CUSIP No. 058246109
1. NAMES OF REPORTING PERSONS.
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I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only). |
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Rupert H. Johnson, Jr. |
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)o | |
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(b)x |
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3. SEC USE ONLY
4. SOURCE OF FUNDS
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See Item 3 |
5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
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PURSUANT TO ITEMS 2(d) OR 2(e) o |
6. CITIZENSHIP OR PLACE OF ORGANIZATION
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USA |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7. SOLE VOTING POWER
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(See Item 5) |
8. SHARED VOTING POWER
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(See Item 5) |
9. SOLE DISPOSITIVE POWER
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(See Item 5) |
10. SHARED DISPOSITIVE POWER
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(See Item 5) |
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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0 (See Item 5) |
CUSIP No. 058246109
12. CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
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CERTAIN SHARES o |
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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0.0% |
14. TYPE OF REPORTING PERSON
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HC; IN |
CUSIP No. 058246109
This Amendment No. 1 (this “Amendment”) amends and supplements the Schedule 13D dated August 13, 2002 (the “Schedule 13D” or this “statement”) of Franklin Advisory Services, LLC, Franklin Resources, Inc., Charles B. Johnson and Rupert H. Johnson, Jr. (collectively, the “reporting persons”). Unless otherwise indicated, each capitalized term used but not defined herein shall have the meaning assigned to such term in the Schedule 13D. The purpose of this Amendment is to report the disposition of all of the shares of the Issuer’s Common Stock previously reported held by the reporting persons.
Item 2. Identity and Background
The responses set forth in each Item 2 of the Schedule 13D are hereby amended by deleting the text of each Item 2 in its entirety and replacing it with the following:
Franklin Advisory Services, LLC:
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(a) Name: |
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Franklin Advisory Services, LLC (“FAS”) |
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(b) State of Organization: |
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Delaware |
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(c) Principal Business: |
An investment adviser registered with the U.S. Securities and Exchange Commission and investment manager to a number of the open-end investment companies in the Franklin Templeton Group of Funds.
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Address of Principal Business/Principal Office: |
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One Parker Plaza, 9th Floor | |
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Fort Lee, NJ 07024-2938 |
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(d) Criminal Convictions: |
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None |
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(e) Civil Proceedings: |
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None |
Franklin Resources, Inc.:
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(a) Name: |
CUSIP No. 058246109
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Franklin Resources, Inc. (“FRI”) |
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(b) State of Organization: |
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Delaware |
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(c) Principal Business: |
A diversified financial services holding company whose primary business is providing, through operating subsidiaries, management, administrative and distribution services to the open- and closed- end investment companies comprising the Franklin Templeton Group of Funds, managed accounts and other investment products.
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Address of Principal Business/Principal Office: |
One Franklin Parkway
San Mateo, CA 94403-1906
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(d) Criminal Convictions: |
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None |
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(e) Civil Proceedings: |
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None |
Charles B. Johnson:
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(a) Name: |
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Charles B. Johnson |
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(b) Business Address: |
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Franklin Resources, Inc. |
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One Franklin Parkway |
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San Mateo, California 94403-1906 | ||
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(c) Principal Employment: |
Chairman of the Board and Member - Office of the Chairman of FRI and a director and a principal stockholder (a “Principal Shareholder”) of FRI. FRI is the parent company of a number of investment managers and administrative companies providing investment management and other services to the Franklin Templeton Group of Funds, managed accounts and other investment products.
CUSIP No. 058246109
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(d) Criminal Convictions: |
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None |
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(e) Civil Proceedings: |
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None |
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(f) Citizenship: |
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USA |
Rupert H. Johnson, Jr.:
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(a) Name: |
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Rupert H. Johnson, Jr. |
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(b) Business Address: |
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Franklin Resources, Inc. |
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One Franklin Parkway |
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San Mateo, California 94403-1906 | ||
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(c) Principal Employment: |
Vice Chairman and Member - Office of the Chairman of FRI and a director and a Principal Shareholder of FRI. FRI is the parent company of a number of investment managers and administrative companies providing investment management and other services to the Franklin Templeton Group of Funds, managed accounts and other investment products.
Senior Vice President, FAS
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(d) Criminal Convictions: |
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None |
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(e) Civil Proceedings: |
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None |
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(f) Citizenship: |
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USA |
CUSIP No. 058246109
Executive officers, directors and control persons of reporting persons:
(a-f): The name, residence or business address, and the principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted, of each executive officer and director and each controlling person, if any, of the reporting persons named above is set forth in Exhibit E hereto. To the best knowledge of the persons listed in Item 2 hereof, each person listed on Exhibit E is a United States citizen except where otherwise noted and, during the last five years, no person listed in Exhibit E attached (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to, a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration
The response set forth in Item 3 of the Schedule 13D is hereby amended by deleting the text of Item 3 in its entirety and replacing it with the following:
The securities reported herein were acquired with funds of approximately $1,425,145.18 (including brokerage commissions). All such funds were provided by FAS’s investment management clients.
Item 4. Purpose of Transaction
The response set forth in Item 4 of the Schedule 13D is hereby amended by deleting the text of Item 4 in its entirety and replacing it with the following:
The securities covered by this statement were acquired by FAS's investment management clients for the purpose of investment. As reported in its Form 4 filed with the Securities and Exchange Commission on October 23, 2002, FAS caused, on October 21, 2002, the sale of 373,500 shares of Common Stock of the Issuer at a price of $0.00010 per share. On February 14, 2006, FAS caused the sale of the remaining 100 shares of Common Stock of the Issuer to be sold for an aggregate amount of $0.01. As of the date of hereof, FAS’s investment management clients hold no shares of Common Stock of the Issuer.
FAS has caused two of its clients (Franklin Balance Sheet Investment Fund and Franklin MicroCap Value Fund) to join (1) with other participating shareholder plaintiffs (2) with the debtors estates of Baldwin Piano & Organ Company, and (3) with the official Committee of the Unsecured Creditors of Baldwin Piano & Organ Company to bring action in the U.S. Bankruptcy Court for the Southern District of Ohio against certain former directors of the Issuer for breach of fiduciary duty. Damages are alleged because of material misstatements and omissions of material fact made by defendants in violation
CUSIP No. 058246109
of Section 10(b) of the Securities and Exchange Act of 1934 and the rules promulgated thereunder.
In connection with that litigation, the shareholder plaintiffs, including FAS’s two clients, have entered into a formal Sharing Agreement substantially in the form of the Exhibit B attached to the Schedule 13D. The Sharing Agreement, which received court approval before becoming effective, spells out: (1) the various obligations of the parties to share the funding of expenses; (2) the various priorities between the parties to recover their respective expenses; and (3) terms by which any recovered damage awards in excess of expenses will be divided among the parties.
FAS previously contributed funds to assist in financing the forensic investigation to determine the viability of mounting such litigation. FAS contributed additional funds to support the obligations contemplated by the Sharing Agreement pursuant to its terms. FAS entered into, and expects further to enter into, strategic discussions among participating shareholders and to contribute to the decision making process of the litigation.
FAS's investment management clients reserve the right to exercise any and all of their respective rights as a stockholder of the Issuer in a manner consistent with their prior equity interests.
Other than as described above, neither FAS nor any executive officer or director of FAS has any present plans or proposals which relate to or would result in:
(a) the acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
(b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
(c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
(d) any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
(e) any material change in the present capitalization or dividend policy of the Issuer;
(f) any other material change in the Issuer's business or corporate structure;
(g) changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;
CUSIP No. 058246109
(h) causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
(i) a class of equity security of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or
(j) any action similar to any of those enumerated above.
Item 5. Interest in Securities of the Issuer
The response set forth in Item 5 of the Schedule 13D is amended by deleting it in its entirety and replacing it with the following:
(a-b) FAS’s investment management clients own 0 shares of the Common Stock representing approximately 0.0% of the outstanding shares of Common Stock. Since FAS’s investment management contracts with its clients grant to FAS sole investment power over the securities owned by its investment management clients, FAS may be deemed to be, for purposes of Rule 13d-3 under the Act, the beneficial owner of securities owned by its investment management clients.
Franklin MicroCap Value Fund, one of the series comprising Franklin Value Investors Trust, an open-end investment company registered under the Investment Company Act of 1940, is an investment management client of FAS.
FAS is a limited liability company, the managing member and sole member of which is Franklin/Templeton Distributors, Inc., which is a wholly-owned subsidiary of FRI. Charles B. Johnson and Rupert H. Johnson, Jr. (the Principal Shareholders) each own in excess of 10% of the outstanding common stock of FRI and are the principal stockholders of FRI. FRI and the Principal Shareholders therefore may be deemed to be, for purposes of Rule 13d-3 under the Act, the beneficial owner of securities held by persons and entities managed by FRI subsidiaries. However, no investment management personnel of FRI subsidiaries other than FAS’s are involved in the investment management decisions of FAS. Moreover, FAS, FRI and the Principal Shareholders each disclaim any economic interest or beneficial ownership in any of the securities covered by this statement owned by investment management clients of FRI subsidiaries.
Furthermore, FAS, FRI and the Principal Shareholders are of the view that they are not acting as a group for purposes of Section 13(d) of the Act and that they are not otherwise required to attribute to each other the beneficial ownership of securities held by any of them or by any persons or entities managed by FRI subsidiaries.
(c) There were no transactions in the shares of Common Stock of the Issuer within the past sixty days, except for the sale on Instinet on February 14, 2006 of the remaining 100
CUSIP No. 058246109
shares of Common Stock of the Issuer then held for the benefit of Franklin MicroCap Value Fund for an aggregate amount of $0.01.
(d) No person other than respective investment management clients of FAS have the right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale of, the securities being reported herein.
(e) Each of the reporting persons ceased to be the beneficial owner of more than five percent of the Common Stock of the Issuer as of October 21, 2002.
Item 7. Material to Be Filed as Exhibits
The response set forth in Item 7 of the Schedule 13D is further amended by adding the following:
Exhibit C: Joint Filing Agreement
Exhibit D: Powers-of-Attorney
Exhibit E: Executive Officers and Directors of Reporting Persons
CUSIP No. 058246109
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct.
March 3, 2006
Franklin Resources, Inc.
Charles B. Johnson
Rupert H. Johnson, Jr.
By: /s/ Barbara J. Green
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Barbara J. Green |
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Vice President, Deputy General Counsel, and Secretary of Franklin Resources, Inc. | |
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Attorney-in-Fact for Charles B. Johnson pursuant to Power of Attorney attached to this | |
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Schedule 13D/A |
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Attorney-in-Fact for Rupert H. Johnson, Jr. pursuant to Power of Attorney attached to | |
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this Schedule 13D/A |
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Franklin Advisory Services, LLC
By: Franklin/Templeton Distributors, Inc.
Its: Managing Member
By: /s/ Barbara J. Green
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------------------------------- |
Title: Secretary
CUSIP No. 058246109
EXHIBIT C
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each other of the attached statement on Schedule 13D/A and to all amendments to such statement and that such statement and all amendments to such statement are made on behalf of each of them.
IN WITNESS WHEREOF, the undersigned have executed this agreement on
March 3, 2006.
Franklin Resources, Inc.
Charles B. Johnson
Rupert H. Johnson, Jr.
By: /s/ Barbara J. Green
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Barbara J. Green |
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Vice President, Deputy General Counsel, and Secretary of Franklin Resources, Inc. | ||
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Attorney-in-Fact for Charles B. Johnson pursuant to Power of Attorney attached to this | |
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Schedule 13D/A |
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Attorney-in-Fact for Rupert H. Johnson, Jr. pursuant to Power of Attorney attached to | |
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this Schedule 13D/A |
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Franklin Advisory Services, LLC
By: Franklin/Templeton Distributors, Inc.
Its: Managing Member
By: /s/ Barbara J. Green
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------------------------------- |
Title: Secretary
CUSIP No. 058246109
Exhibit D
POWER OF ATTORNEY
CHARLES B. JOHNSON hereby appoints BARBARA J. GREEN his true and lawful attorney-in-fact and agent to execute and file with the Securities and Exchange Commission any Schedule 13G or 13D, any amendments thereto or any related documentation which may be required to be filed in his individual capacity as a result of his position as an officer, director or shareholder of Franklin Resources, Inc. and, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing which he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, may lawfully do or cause to be done by virtue hereof.
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Date: 9-11-03 |
/s/Charles B. Johnson | ||
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Charles B. Johnson
POWER OF ATTORNEY
RUPERT H. JOHNSON hereby appoints BARBARA J. GREEN his true and lawful attorney-in-fact and agent to execute and file with the Securities and Exchange Commission any Schedule 13G or 13D, any amendments thereto or any related documentation which may be required to be filed in his individual capacity as a result of his position as an officer, director or shareholder of Franklin Resources, Inc. and, granting unto said attorney-in-fact and agent, full power and authority to do and perform each and every act and thing which he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, may lawfully do or cause to be done by virtue hereof.
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Date: Sept 4, 2003 |
/s/Rupert H. Johnson, Jr. | |||
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Rupert H. Johnson |
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CUSIP No. 058246109
Exhibit E
EXECUTIVE OFFICERS AND DIRECTORS OF
REPORTING PERSONS
Except where otherwise noted, each of the individuals named below is a citizen of the United States with a principal business address as indicated below.
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Name |
Principal Occupation |
Residence or Business Address |
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Advani, Vijay C. (Citizen of India) |
Executive Vice President – Global Advisor Services, FRI |
Franklin Resources, Inc. |
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Penelope S. Alexander |
Vice President, Human Resources – U.S., FRI |
Franklin Resources, Inc. |
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Samuel H. Armacost |
Director, FRI; Chairman of the Board, SRI International (an independent nonprofit technology research and development organization) |
SRI International 333 Ravenswood Ave Menlo Park, CA 94025 |
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James R. Baio |
Executive Vice President/Chief Financial Officer, FRI; Senior Vice President/Chief Financial Officer, FAS |
Franklin Resources, Inc. |
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Bruce C. Baughman |
Senior Vice President, FAS |
Franklin Advisory Services, LLC |
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Jennifer J. Bolt |
Executive Vice President – Operations and Technology, FRI |
Franklin Resources, Inc. |
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Harmon E. Burns |
Vice Chairman/Member—Office of the Chairman/Director, FRI |
Franklin Resources, Inc. |
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Charles Crocker |
Director, FRI; Chairman of the Board/ CEO/Director, BEI Technologies, Inc. (a manufacturer of electronic sensors and motion control products) |
BEI Technologies, Inc. |
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Norman R. Frisbie, Jr. |
Senior Vice President/Chief Administrative Officer, FRI |
Franklin Resources, Inc. |
CUSIP No. 058246109
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Holly E. Gibson |
Vice President, Corporate Communications, FRI |
Franklin Resources, Inc. |
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Barbara J. Green |
Vice President/Deputy General Counsel/Secretary, FRI; Secretary, FAS |
Franklin Resources, Inc. |
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Joseph R. Hardiman |
Director, FRI; Director of various other entities |
1119 St. Paul Street |
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Donna S. Ikeda |
Vice President, Human Resources – International, FRI |
Franklin Resources, Inc. |
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Robert D. Joffe |
Director, FRI; Presiding Partner, Cravath, Swaine & Moore LLP (a law firm) |
Cravath, Swaine & Moore LLP |
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Charles B. Johnson |
Chairman of the Board/Member – Office of the Chairman/Director/Principal Shareholder, FRI |
Franklin Resources, Inc. |
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Gregory E. Johnson |
Chief Executive Officer/President, FRI |
Franklin Resources, Inc. |
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Rupert H. Johnson, Jr. |
Vice Chairman/Member—Office of the Chairman/Director/Principal Shareholder, FRI; Senior Vice President, FAS |
Franklin Resources, Inc. |
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Thomas H. Kean |
Director, FRI; Chairman, The Robert Wood Johnson Foundation (a health and healthcare philanthropic foundation) |
THK Consulting 49 Route 202, PO Box 810 Far Hills, NY 07931
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Leslie M. Kratter |
Senior Vice President/Assistant Secretary, FRI |
Franklin Resources, Inc. |
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William J. Lippman |
President, FAS |
Franklin Advisory Services, LLC |
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Kenneth A. Lewis |
Vice President/Treasurer, FRI; Treasurer, FAS |
Franklin Resources, Inc. |
CUSIP No. 058246109
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John M. Lusk |
Executive Vice President – Portfolio Operations, FRI |
Franklin Resources, Inc. |
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Margaret McGee |
Vice President, FAS |
Franklin Advisory Services, LLC |
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Chutta Ratnathicam |
Director, FRI; Retired |
Franklin Resources, Inc. |
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Peter M. Sacerdote |
Director, FRI; Advisory Director and Chairman of the Investment Committee of the Principal Investment Area, Goldman, Sachs & Co. (a global investment banking, securities and investment management firm) |
Goldman, Sachs & Co. |
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Murray L. Simpson |
Executive Vice President, FRI |
Franklin Resources, Inc. |
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Timothy S. Stearns |
Chief Compliance Officer, FAS |
500 East Broward Blvd., Suite 2100 |
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Laura Stein |
Director, FRI; Senior Vice President – General Counsel/Secretary, The Clorox Company (a leading manufacturer and marketer of consumer products) |
The Clorox Company |
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Anne M. Tatlock |
Vice Chairman/Member—Office of the Chairman/Director, FRI |
Fiduciary Trust Company International |
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Donald G. Taylor |
Senior Vice President, FAS |
Franklin Advisory Services, LLC |
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Craig S. Tyle |
Executive Vice President/General Counsel, FRI |
Franklin Resources, Inc. |
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Louis E. Woodworth |
Director, FRI; President, Alpine Corporation (a private investment firm) |
Alpine Corporation |
CUSIP No. 058246109
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William Y. Yun |
Executive Vice President – Institutional, FRI |
Fiduciary Trust Company International |
FRI: Franklin Resources, Inc.
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One Franklin Parkway |
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San Mateo, CA 94403-1906 | |
Parent company of a number of investment managers and administrative companies providing investment management and other services to the Franklin Templeton Group of Funds, managed accounts and other investment products.
FAS: Franklin Advisory Services, LLC
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One Parker Plaza, 9th Floor | |
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Fort Lee, NJ 07024-2938 |
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An investment manager to a number of the open-end investment companies in the Franklin Templeton Group of Funds.