X0203 3 2010-01-11 0 0000831246 FRANKLIN CREDIT HOLDING CORP/DE/ FCMC.OB 0001480855 Yan Jimmy C/O FRANKLIN CREDIT HOLDING CORPORATION 101 HUDSON STREET JERSEY CITY, NJ 07302 0 1 0 0 Exec VP & Managing Director Common Stock 17000 D (1) Options vest/vested in two equal annual installments on January 11, 2010 and January 11, 2011. /s/ Jimmy Yan 2010-01-12