SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Hanks Patricia A

(Last)

(First)

(Middle)

20 SOUTH MAIN STREET

PO BOX 6010

(Street)

CHAMBERSBURG

17201

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FRANKLIN FINANCIAL SERVICES CORP /PA/ [ FRAF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP

3. Date of Earliest Transaction (Month/Day/Year)
12/29/2011

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Franklin Financial Services Corp - Common Stock	12/29/2011		P	V	4⁽¹⁾	A	$12.5	933	D
Franklin Financial Services Corp - Common Stock	01/26/2012		P	V	3⁽¹⁾	A	$14.9	936	D
Franklin Financial Services Corp - Common Stock	02/23/2012		P	V	3⁽¹⁾	A	$15.15	955⁽²⁾	D
Franklin Financial Services Corp - Common Stock	03/22/2012		P	V	3⁽¹⁾	A	$15.73	959	D
Franklin Financial Services Corp	04/26/2012		P	V	3⁽¹⁾	A	$14.45	962	D
Franklin Financial Services Corp - Common Stock	05/24/2012		P	V	3⁽¹⁾	A	$13.38	978⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Franklin Financial Services Corp - Common Stock	$16.75	07/09/2012		E	V		232	07/01/2011	06/30/2012	Franklin Financial Services Corp - ESPP	232	$16.75	2,000	D
Franklin Financial Services - Common Stock	$12.64	07/09/2012		A	V	344		07/01/2012	06/30/2013	Franklin Financial Services Corp - ESPP	344	$12.64	2,344	D

Explanation of Responses:

1. Shares acquired through Franklin Financial's Stock Purchase Program. Includes fractional sharesin total.

2. Includes 16 shares acquired on 02/24/2012 through Franklin's Dividend Reinvestment Program.

3. Includes 12 shares acquired through Franklin Financial's Dividend Reinvestment Program.

	Patricia A. Hanks by Catherine C. Angle, Corporate Sec.	07/09/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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